8-K 1 f8kapr04.txt FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) April 19, 2004 COMPETITIVE TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 1-8696 36-2664428 (State or other (Commission File (IRS Employer jurisdiction Number) Identification No.) of incorporation) 1960 Bronson Road, Fairfield, Connecticut 06824 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (203) 255- 6044 Not Applicable (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events and Regulation FD Disclosure. On April 19, 2004, Competitive Technologies, Inc. (CTT) received approximately $3.5 million, the remaining portion of its share of the court award in the Materna(TM) case. CTT has now received total proceeds from this case of $5.3 million, including $1.8 million previously received from assignments of portions of its anticipated proceeds. In accordance with its policy, CTT will recognize the $3.5 million as revenue in its third quarter ending April 30, 2004. On April 19, 2004, the United States Supreme Court denied certiorari in Wyeth Holdings Corporation's appeal in the Materna(TM) litigation. Wyeth Holding Corporation, formerly known as American Cyanamid Company, is a subsidiary of Wyeth. (For further information related to this lawsuit, see the discussion of Materna Litigation in Note 8 to CTT's Condensed Financial Statements in its report on Form 10-Q for the quarterly period ended January 31, 2004.) Item 7. Financial Statements and Exhibits. (c) Exhibits. Exhibit No. Description of Exhibit Page 99.1 Registrant's press release dated April 19, 2004 3-4 Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COMPETITIVE TECHNOLOGIES, INC. Registrant Date: April 19, 2004 /s/ John B. Nano By: John B. Nano President and Chief Executive Officer