Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 332

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 332
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 and other disputes
are inherently unpredictable and subject to substantial uncertainties and unfavorable resolutions could occur.

The occurrence of an unfavorable outcome in any specific period could
have a material adverse effect on our results of operations for that period or future periods. Other than as described below, we are not
presently a party to any material pending or threatened legal proceedings.

As previously disclosed, on
February 13, 2023, Mr. Mark Gracy, who served as our Chief Operating Officer from November 18, 2021 to November 15, 2022, filed a civil
lawsuit in the Circuit Court of Osceola County, Florida, seeking a jury trial and claiming that the Company breached his employment agreement
by reducing his salary and failing to pay him his full severance payments and is looking for payment of 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.  

38

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. On March 12, 2024, La Rosa Realty, LLC filed a motion to dismiss the case with prejudice, which is still
pending.

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