Zerify Inc (ZRFY)

[lasernat]

SFOR this is probably as close you get to Microsoft admission of settlement

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11328879

Other
We also are subject to a variety of other claims and suits that arise from time to time in the ordinary course of our business. Although management currently believes that resolving claims against us, individually or in aggregate, will not have a material adverse impact on our consolidated financial statements, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.
As of March 31, 2016, we accrued aggregate legal liabilities of $520 million in other current liabilities and $10 million in other long-term liabilities. While we intend to defend these matters vigorously, adverse outcomes that we estimate could reach approximately $1.6 billion in aggregate beyond recorded amounts are reasonably possible. Were unfavorable final outcomes to occur, there exists the possibility of a material adverse impact on our consolidated financial statements for the period in which the effects become reasonably estimable.

General and administrative expenses include payroll, employee benefits, stock-based compensation expense, severance expense, and other headcount-related expenses associated with finance, legal, facilities, certain human resources and other administrative personnel, certain taxes, and legal and other administrative fees.
Three months ended March 31, 2016 compared with three months ended March 31, 2015
General and administrative expenses increased $49 million or 4%, primarily due to increased investments in infrastructure supporting our business transformation.
Nine months ended March 31, 2016 compared with nine months ended March 31, 2015
General and administrative expenses decreased $77 million or 2%, primarily due to a reduction in headcount-related expenses, offset in part by increased investments in infrastructure supporting our business transformation.

Legal and Other Contingencies
The outcomes of legal proceedings and claims brought against us are subject to significant uncertainty. An estimated loss from a loss contingency such as a legal proceeding or claim is accrued by a charge to income if it is probable that an asset has been impaired or a liability has been incurred and the amount of the loss can be reasonably estimated. In determining whether a loss should be accrued we evaluate, among other factors, the degree of probability of an unfavorable outcome and the ability to make a reasonable estimate of the amount of loss. Changes in these factors could materially impact our consolidated financial statements.