Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 2370

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 7A
Chunk 2370
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, 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.

On July 22, 2024, the Company’s subsidiary,
Nona Legacy Powered by La Rosa Realty, Inc. commenced a civil action in the Ninth Judicial Circuit in Orange County, Florida against Olga
Norkis Fernandez Valdez a/k/a Norkis Fernandez and LPT Realty, LLC. The plaintiff sought monetary damages caused by Norkis Fernandez due
to the breach of contract and breach of fiduciary duty by Ms. Fernandez as well as injunctive relief against Ms. Fernandez. The plaintiff
also sought damages against LPT Realty, LLC for tortious interference with a contractual relationship. The parties have signed a Mediated
Settlement Agreement dated October 18, 2024, whereby the plaintiffs agreed to have the case dismissed with prejudice.

On October 2, 2024, FCA One Services LLC commenced
a civil action in the Ninth Judicial Circuit in Orange County, Florida against Suncoasteam Realty LLC, Greg Boland, Silvia Beltran Martinez
LLC, Silvia Beltran, and Nona Legacy Powered by La Rosa Realty, Inc., our subsidiary. The plaintiff alleged negligent misrepresentation
in a real estate transaction. The case was settled by the parties on February 4, 2024, for immaterial amount without admission of any
liability on the part of Nona Legacy Powered by La Rosa Realty, Inc. This case is now closed.

The Company believes that the above claims are
without merit, and it will vigorously defend against such claims. Moreover, these claims, in the aggregate, would not have a material
adverse effect on the Company’s financial condition, business, or results of operations, should the Company’s defense not
be successful in whole or in part. Except as stated herein, there is no other action, suit, proceeding, inquiry or investigation before
or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of our executive officers,
threatened against or affecting our Company or our officers or directors in their capacities as such.

F-37

Note 14 — Related Party Transactions

The Company leases its corporate office from an entity controlled by
the Company’s CEO