Neiman Marcus 2012 Annual Report Download - page 24

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Table of Contents
Agreement’s class action prohibition violates employees’ rights to engage in concerted activity, which is being submitted to the administrative law judge in late
September for determination, unless the NLRB in Washington, D.C., dismisses the matter entirely based upon our previous settlement of the issues
surrounding the 2007 Arbitration Agreement with the NLRB. We will continue to vigorously defend our interests in these matters. Currently, we cannot
reasonably estimate the amount of loss, if any, arising from these matters. We will continue to evaluate these matters based on subsequent events, new
information and future circumstances.
We are currently involved in various other legal actions and proceedings that arose in the ordinary course of business. With respect to the matter
described above as well as all other current outstanding litigation involving the Company, we believe that any liability arising as a result of such litigation will
not have a material adverse effect on our financial position, results of operations or cash flows.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES
OF EQUITY SECURITIES
Holders. There is no established public trading market for our common stock. At September 18, 2013, there were 32 holders of record of our
common stock.
Dividends. On March 28, 2012, the Board of Directors of NMG declared a cash dividend (the 2012 Dividend) of $435 per share of its outstanding
common stock resulting in total distributions to our stockholders and certain option holders (including related expenses) of $449.3 million. The 2012
Dividend was paid on March 30, 2012 to stockholders of record at the close of business on March 28, 2012. We did not declare or pay any dividends on our
common stock in fiscal year 2011 and have not declared or paid any dividends on our common stock subsequent to the 2012 Dividend.
Issuer Purchases of Equity Securities. There were no unregistered sales of our equity securities during the quarterly period ended August 3, 2013.
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