8-K

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                                  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

                                October 13, 2004
                Date of Report (Date of earliest event reported)

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                         COMPETITIVE TECHNOLOGIES, INC.
             (Exact name of registrant as specified in its charter)

           Delaware                   1-8696                  36-2664428
(State or other jurisdiction        (Commission            (I.R.S. Employer
      of incorporation)             File Number)          Identification No.)

                 1960 Bronson Road, Fairfield, Connecticut 06824
               (Address of principal executive offices) (Zip Code)

                                 (203) 255-6044
              (Registrant's telephone number, including area code)

                                  ------------

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)


     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

|_|  Written communications pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

|_|  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

|_|  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

|_|  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

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Item 8.01      Other Events.

     On October 13, 2004, Competitive Technologies, Inc. ("CTT") confirmed that
Federal Insurance Company ("Federal") has agreed to settle the litigation
brought by CTT concerning CTT's directors' and officers' liability insurance
policy with Federal. A payment is being made by Federal to CTT as settlement of
a claim for expenses previously recorded in CTT's financial statements. The
litigation concerns costs incurred by CTT relating to an SEC investigation of
the company's 1998 stock buyback program. Federal also confirms that it will
cover liabilities incurred in the SEC litigation going forward under the terms
of the D&O policy.


A copy of the press release is attached as Exhibit 99.1.


Item 9.01.     Financial Statements and Exhibits

       (c)     Exhibits

Exhibit No.              Description
- -----------              -------------------------------------------------------

Exhibit 99.1             Press release dated October 13, 2004.



                                   SIGNATURES

     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.

Date: October 14, 2004                       By: /s/ John B. Nano
                                                 -------------------------------
                                                 Name:  John B. Nano
                                                 Title: President and
                                                 Chief Executive Officer








                                  EXHIBIT INDEX


Exhibit No.              Description
- -----------              -------------------------------------------------------

Exhibit 99.1             Press release dated October 13, 2004 announcing that
                         the Company reached a claims agreement with its
                         insurance provider.

EX-99.1

                                                                    Exhibit 99.1


                COMPETITIVE TECHNOLOGIES REACHES CLAIMS AGREEMENT
                             WITH INSURANCE PROVIDER


FAIRFIELD, CT - (October 13, 2004) - Competitive Technologies, Inc. (AMEX:CTT)
confirmed today that Federal Insurance Company (Federal) of Warren, New Jersey
has agreed to settle the litigation brought by CTT concerning CTT's directors'
and officers' liability insurance policy with Federal. A payment is being made
by Federal to CTT as settlement of a claim for expenses previously recorded in
CTT's financial statements. The litigation concerns costs incurred by CTT
relating to an SEC investigation of the company's 1998 stock buyback program.
Federal also confirms that it will cover liabilities incurred in the SEC
litigation going forward under the terms of the D&O policy.

"We are pleased to continue our relationship with Federal and to have resolved
this matter," said Paul A. Levitsky, CTT's VP and General Counsel.

About Competitive Technologies, Inc.

Competitive Technologies, established in 1968, is a full service technology
transfer and licensing provider focused on the technology needs of its customers
and transforming those requirements into commercially viable solutions. CTT is a
global leader in identifying, developing and commercializing innovative
technologies in life, digital, nano, and physical sciences developed by
universities, companies and inventors. The global market for technology transfer
services is estimated at $150 billion annually. CTT maximizes the value of
intellectual assets for the benefit of its customers, clients and shareholders.
Visit CTT's website: www.competitivetech.net

Statements about our future expectations, including development and regulatory
plans, and all other statements in this document other than historical facts are
"forward-looking statements" within the meaning of applicable Federal Securities
Laws, and are not guarantees of future performance. These statements involve
risks and uncertainties inherent in our business, including those set forth
under the caption "Risk Factors" in our Prospectus filed with the SEC on May 6,
2004 under Rule 424 (b)(3) of the Securities Act of 1933, and other factors that
may be described in our other filings with the SEC, and are subject to change at
any time. Our actual results could differ materially from these forward-looking
statements. We undertake no obligation to update publicly any forward-looking
statement.

Direct inquiries to:   Johnnie D. Johnson, Strategic IR, Inc.
                       Tel. (212) 754-6565; Fax (212) 754-4333
                       E-mail: jdjohnson@strategic-ir.com
                       E-mail: ctt@competitivetech.net