-----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, GMqPjCghs5eCzF//O8gRv7KM6/rx4hvGWoAyFs6/UGiYNcswMFDro1tufuDM8CZY 0eGgxC3gI7aXCyGhWWGU+A== 0000950144-03-011244.txt : 20031002 0000950144-03-011244.hdr.sgml : 20031002 20031002125706 ACCESSION NUMBER: 0000950144-03-011244 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031002 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031002 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CRAWFORD & CO CENTRAL INDEX KEY: 0000025475 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 580506554 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10356 FILM NUMBER: 03923063 BUSINESS ADDRESS: STREET 1: 5620 GLENRIDGE DR NE CITY: ATLANTA STATE: GA ZIP: 30342 BUSINESS PHONE: 4042560830 MAIL ADDRESS: STREET 1: 5620 GLENRIDE DR CITY: ATLANTA STATE: GA ZIP: 30342 8-K 1 g85124e8vk.txt CRAWFORD & COMPANY 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): October 2, 2003 CRAWFORD & COMPANY ------------------------------------ (Exact name of Registrant as specified in its charter) GEORGIA ------------------------- (State or other jurisdiction of incorporation) 1-10356 58-0506554 --------------------- ------------------------------- (Commission File Number) (IRS Employer Identification No.) 5620 Glenridge Drive, N.E., Atlanta, Georgia 30342 -------------------------------------------------- (Address of principal executive offices) (Zip Code) (404) 256-0830 ------------------------ (Registrant's telephone number, including area code) ITEM 5. Other Events On September 26, 2003, Crawford & Company (the "Registrant") issued a press release announcing that its wholly owned subsidiary Crawford Healthcare Management of Norfolk and Baltimore, Inc. signed an agreement ("Agreement") with the Department of Justice. A copy of the press release is attached hereto as Exhibit 99.1 ITEM 7. Financial Statements, Pro Forma Financial Statements and Exhibits (c) Exhibits Exhibit No. Description ----------- ----------- 99.1 Press Release dated September 26, 2003 2 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CRAWFORD & COMPANY (Registrant) By: /s/ GROVER L. DAVIS ---------------------------------------- Grover L. Davis, Chairman and Chief Executive Officer Dated: October 2, 2003 3 EXHIBIT INDEX Number Descriptions ------- --------------- 99.1 Press Release issued September 26, 2003 4 EX-99.1 3 g85124exv99w1.txt EX-99.1 PRESS RELEASE EXHIBIT 99.1 [CRAWFORD LOGO] PRESS RELEASE CRAWFORD & COMPANY 5620 GLENRIDGE DRIVE, N.E. P.O. BOX 5047 ATLANTA, GEORGIA 30302 (404) 256-0830 FOR IMMEDIATE RELEASE DATE: SEPTEMBER 26, 2003 FROM: GROVER L. DAVIS CHAIRMAN AND CHIEF EXECUTIVE OFFICER - ------------------------------------------------------------------------------- CRAWFORD SIGNS AGREEMENT IN GOVERNMENT INVESTIGATION Crawford & Company ("the Company") (NYSE: CRDA and CRDB) announced today that its wholly-owned subsidiary, Crawford Healthcare Management of Norfolk and Baltimore, Inc. ("CHM"), has signed an agreement with the Department of Justice ("DOJ") to resolve, subject to certain conditions, the criminal liability of CHM and the Company relating to the DOJ's investigation of the Company's billing practices in its claims management and healthcare management services divisions. This agreement would end this criminal investigation of the billing practices of CHM and the Company. CHM is a newly formed subsidiary which owns the assets and operations of two former Crawford & Company healthcare management services offices located in Norfolk, Virginia and Baltimore, Maryland. CHM has agreed to plead guilty to a single count of mail fraud based on a September 21, 1995 mailing of a client invoice in Virginia. The criminal charge covers a period of time ending in 1999. The agreement between CHM and the DOJ is subject to approval by a federal district judge in Norfolk, Virginia. "We have been working closely with the Department of Justice to resolve this matter," said Grover L. Davis, Chairman and Chief Executive Officer of the Company. "We have taken steps to clarify our billing practices and eliminate inconsistencies in their application. Today's settlement is one of the last steps needed to put this investigation behind us and allows us to move forward, maintaining our focus on providing quality service to our clients." Under the terms of the plea agreement, CHM will pay a fine of $8 million. As a result, Crawford will record an after-tax charge of $8 million in the third quarter of 2003. Page 1 of 2 [CRAWFORD LOGO] PRESS RELEASE CRAWFORD & COMPANY 5620 GLENRIDGE DRIVE, N.E. P.O. BOX 5047 ATLANTA, GEORGIA 30302 (404) 256-0830 Based in Atlanta, Georgia, Crawford & Company (www.crawfordandcompany.com) is the world's largest independent provider of claims management solutions to insurance companies and self-insured entities, with a global network of more than 700 offices in 67 countries. Major service lines include workers' compensation claims administration and healthcare management services, property and casualty claims management, class action services and risk management information services. The Company's shares are traded on the NYSE under the symbols CRDA and CRDB. FOR FURTHER INFORMATION REGARDING THIS PRESS RELEASE, PLEASE CALL JOHN GIBLIN AT (404) 847-4571. Page 2 of 2 -----END PRIVACY-ENHANCED MESSAGE-----