Company: LRHC
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0001213900-25-048370
Chunk: 219

Company: La Rosa Holdings Corp.
Filing Date: 2025-05-29
Form: 10-Q
Item: Item 3
Chunk 219
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 his alleged severance of $249,000. On April 11,
2023, the Company filed a motion to dismiss Mr. Gracy’s complaint, which is still pending. As of the date of this report, the
case remains pending, discovery is proceeding and the Company will be filing a summary judgment motion on Plaintiff’s claims.

As
previously disclosed, on January 3, 2024, Ms. Sarah Palmer filed a putative national class action complaint against La Rosa Realty, LLC
in the United States District Court, Middle District of Florida, Orlando Division. Ms. Palmer alleges that she received two (2) brief
pre-recorded calls one week apart to her cell phone from La Rosa Realty, LLC presenting her an employment opportunity as a real estate
agent. Ms. Palmer seeks an undisclosed amount of monetary damages from La Rosa Realty, LLC for the alleged would-be injurious, isolated
and opportunistic employment gestures to her through a purported nationwide class action. Ms. Palmer claims that the defendant violated
her privacy, annoyed and harassed her, constituted a nuisance, and occupied her telephone line. The action settled at mediation and was
recently dismissed without prejudice pending completion of the settlement terms. 

As previously disclosed, on July 19, 2024, LPT
Realty, LLC commenced a civil action in the Ninth Judicial Circuit in Orange County, Florida against La Rosa Holdings Corp; Joseph La
Rosa a/k/a Joe La Rosa; La Rosa Realty Lake Nona, Inc. n/k/a Nona Legacy Powered By La Rosa Realty, Inc.; & La Rosa Realty, LLC, seeking
damages, reasonable royalty of all real estate transactions conducted by all the La Rosa defendants and injunctive relief for misappropriation
of trade secrets as to all the defendants. The case was voluntarily dismissed on March 26, 2025.

As previously disclosed, on March 5, 2025, Joshua
Epstein, our former employee and Chief Strategy Officer, filed a civil lawsuit in Osceola County, Florida Circuit Court alleging claims
for breach of contract, promissory estoppel, conversion, unjust enrichment, breach of good faith and fair dealings, fraud in the inducement,
and to recover alleged unpaid compensation in the amount of $$100,000 from the Company. The Company strongly opposed and denied these
claims. The Company intends to file a dispositive motion seeking judgment against Mr. Epstein.

The Company believes that the above claims are
without merit