-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Gk0Af5kDnQtjknscbwYoyeAzOv4EajcxSIGNclFu2Y6MHeNDg9hBbj5gKnrkDtRk 4wrfRU7goZ2waCzXkbJHKg== 0000103973-06-000157.txt : 20060614 0000103973-06-000157.hdr.sgml : 20060614 20060614082716 ACCESSION NUMBER: 0000103973-06-000157 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060614 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060614 DATE AS OF CHANGE: 20060614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VULCAN MATERIALS CO CENTRAL INDEX KEY: 0000103973 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 630366371 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04033 FILM NUMBER: 06903645 BUSINESS ADDRESS: STREET 1: 1200 URBAN CENTER DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35242 BUSINESS PHONE: 2052983000 MAIL ADDRESS: STREET 1: PO BOX 385014 CITY: BIRMINGHAM STATE: AL ZIP: 35238-5014 8-K 1 modesto-8k.htm SECURITIES AND EXCHANGE COMMISSIONWashington, DC 20549____________________________________FORM 8-KCurrent Report Pursuant to S

SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): June 14, 2006

VULCAN MATERIALS COMPANY
(Exact name of registrant as specified in its charter)

New Jersey
(State or other jurisdiction
of incorporation)

I-4033
(Commission File Number)

63-0366371
(IRS Employer
Identification No.)


1200 Urban Center Drive
Birmingham, Alabama 35242
(Address of principal executive offices) (zip code)

(205) 298-3000
Registrant's telephone number, including area code:

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations 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))

Item 7.01

Regulation FD Disclosure

On June 14, 2006, the Company issued a press release reporting a jury verdict against the Company in a state court in San Francisco, California in the amount of $3.1 million in compensatory damages and $100 million in punitive damages. The press release is attached as an exhibit.

Item 9.01

Financial Statements and Exhibits.

(c)

Exhibits:

Exhibit No.
    99.1

Description
Press Release dated June 14, 2006

SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed by the undersigned, thereunto duly authorized.





Dated:   June 14, 2006

VULCAN MATERIALS COMPANY
(Registrant)

By:    /s/William F. Denson, III
William F. Denson, III

EX-99 2 exh-99.htm Exhibit 99

Exhibit 99.1

June 14, 2006
FOR IMMEDIATE RELEASE
Investor Contact: Mark Warren (205) 298-3220
Media Contact: David Donaldson (205) 298-3220

VULCAN REPORTS JURY VERDICT

Birmingham, Ala - Vulcan Materials Company (NYSE:VMC) reported today that a state court jury in San Francisco, California returned a compensatory damages verdict totaling $3.1 million against six defendants including Vulcan on June 9 and yesterday returned punitive damages of $100 million against the Company. Punitive damages were also assessed against two other defendants. The case relates to allegations by the City of Modesto, California of groundwater contamination from a dry cleaning compound, perchloroethylene, produced by several manufacturers, including the Company's former chemicals business unit, which was sold in June 2005.

The Company believes the verdicts are contrary to the evidence presented at trial and the punitive damages are totally without merit, excessive, and in clear contravention of constitutional limits regarding such damages. The U.S. Supreme Court and California courts limit punitive damages to a maximum of nine times compensatory damages. Vulcan is vigorously pursuing all appropriate avenues for post-trial and appellate relief.

Vulcan Materials Company, a member of the S&P 500 index, is the nation's largest producer of construction aggregates and a major producer of asphalt and concrete.

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