Company: MSEX
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001174947-25-000677
Chunk: 102

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 3
Chunk 102
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Lonsk) litigations
entered into a signed Settlement Term Sheet in a step towards resolution of both matters. On March 24, 2025, the parties to Vera
and Lonsk entered into a signed Class Action Settlement Agreement that was subsequently filed with the Superior Court of New Jersey,
Law Division (Middlesex County) on April 16, 2025 together with a Motion For Preliminary Approval of the Class Action Settlement Agreement.
The Company does not believe that the now-executed and filed Class Settlement Agreement has any material financial or operational impact
to Middlesex.

    Item 1A.
    Risk Factors

The information about risk factors does not differ
materially from those set forth in Part I, Item 1A. of the Company’s Annual Report on Form 10-K for the year ended December 31,
2024.

    Item 2.
    Unregistered Sales of Equity Securities and Use of Proceeds

None.

    Item 3.
    Defaults Upon Senior Securities

None.

    Item 4.
    Mine Safety Disclosures

Not applicable.

    Item 5.
    Other Information

    (a)
    None.

    (b)
    None.

    (c) Insider Trading Arrangements and Policies - During the three months ended March 31, 2025, no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K. 

25 

    Item 6.
    Exhibits

    31.1
    Section 302 Certification by Nadine Leslie pursuant to Rules 13a-14 and 15d-14 of the Securities Exchange Act of 1934.

    31.2 
    Section 302 Certification by Mohammed G. Zerhouni pursuant to Rules 13a-14 and 15d-14 of the Securities Exchange Act of 1934.

    32.1
    Section 906 Certification by Nadine Leslie pursuant to 18 U.S.C. §1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

    32.2
    Section 906 Certification by Mohammed G. Zerhouni pursuant to 18 U.S.C. §1350, as adopted pursuant to Section 302 of the Sarbanes-O