-----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, OJag5/xiqWkp1Rh5BGrcOniwT0tj7LgvDGjUrIe35KB8EvA38aMfhV63R9KfJzKX 53OBQTv3dlZdZxFJ3Jq0Xw== 0000030822-08-000007.txt : 20080402 0000030822-08-000007.hdr.sgml : 20080402 20080402144635 ACCESSION NUMBER: 0000030822-08-000007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20080401 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20080402 DATE AS OF CHANGE: 20080402 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DYNAMICS RESEARCH CORP CENTRAL INDEX KEY: 0000030822 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 042211809 STATE OF INCORPORATION: MA FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-02479 FILM NUMBER: 08732970 BUSINESS ADDRESS: STREET 1: 60 FRONTAGE ROAD CITY: ANDOVER STATE: MA ZIP: 01810-5498 BUSINESS PHONE: 9784759090 MAIL ADDRESS: STREET 1: 60 FRONTAGE ROAD CITY: ANDOVER STATE: MA ZIP: 01810-5498 8-K 1 form8-k.htm FORM 8-K form8-k.htm
 


 
UNITED STATES
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)  April 1, 2008


DYNAMICS RESEARCH CORPORATION
(Exact name of registrant as specified in its charter)

Commission file number 000-02479

MASSACHUSETTS
04-2211809
(State or other jurisdiction of Incorporation or organization)
(I.R.S. Employer Identification No.)

60 FRONTAGE ROAD, ANDOVER, MASSACHUSETTS 01810-5498
(Address of principal executive offices) (Zip Code)

978-289-1500
(Registrant’s telephone number, including area code)

N/A
(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 (see General Instruction A.2. below):

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

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

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

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

 


 
 

 

 
Section 7 – Regulation FD

 
Item 7.01.  Regulation FD Disclosure
 
On April 1, 2008, Dynamics Research Corporation issued a press release announcing receipt of a Memorandum and Order related to a Summary Judgment Motion filed in February 2007 in the U.S. District Court for the District of Massachusetts pertaining to a Civil Complaint filed in October 2003 by the U.S. Attorney against the Company.  A copy of the press release is attached hereto as Exhibit 99.1.
 
The information in this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any filing of the company under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.


 
Section 9 – Financial Statements and Exhibits

 
Item 9.01.  Financial Statements and Exhibits.

 
(c)
Exhibits
       
   
Number
 
   
99.1
Press release dated April 1, 2008.


 
 

 



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.



   
DYNAMICS RESEARCH CORPORATION
   
(Registrant)
     
     
 
Date:  April 2, 2008
/s/ David Keleher
   
Senior Vice President, Chief Financial Officer and Treasurer


 
 

 


Exhibit Index


 
Exhibit Number
Exhibit Name
Location
       
 
99.1
Press release dated April 1, 2008.
Furnished herewith*
       
       
       

__________________________


 
*   Exhibit 99.1 attached hereto is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.




EX-99.1 2 exhibit99-1.htm NEWS RELEASE exhibit99-1.htm
 
 

   
 
 DYNAMICS RESEARCH CORPORATION    
  
 60 FRONTAGE ROAD, ANDOVER, MASSACHUSETTS 01810-5423
 
TEL.: 978/289-1500
 
www.drc.com

 

 
DYNAMICS RESEARCH CORPORATION
REPORTS RECEIPT OF COURT MEMORANDUM



ANDOVER, Mass. – April 1, 2008 – Dynamics Research Corporation (Nasdaq: DRCO) today announced the receipt of a Memorandum and Order related to a Summary Judgment Motion filed in February 2007 in the U.S. District Court for the District of Massachusetts pertaining to a Civil Complaint filed in October 2003 by the U.S. Attorney against the Company.  As previously reported by the Company the action relates to the conduct of two former employees during the 1990s.  The Memorandum grants the government’s Motion for Summary Judgment as to DRC’s liability under the False Claims Act and the Anti-Kickback Act and for breach of contract, denies the government’s Motion for the award of damages, and indicates that further proceedings will be conducted to determine the amount of damages.  The Court has scheduled a status conference for May 21, 2008 to address procedures to move the case forward.

“Today’s action brings this matter one step closer to closure.  When this matter first arose in the year 2000 we energetically supported the criminal investigative efforts of the U.S Attorney and swiftly terminated the two employees for their actions.  We have earnestly attempted to settle the civil aspects of this matter.  We look forward to moving to the next steps in this process and fully resolving this matter,” said James P. Regan, DRC’s chairman and chief executive officer.

The Company intends to promptly assess the effect of the complex 53-page ruling, including the adjustment of reserves for financial liability as may be appropriate, and report its findings.  The Company anticipates no change in its current status as a presently responsible government contractor.  By law, the findings can be appealed.
 
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) is a leading provider of mission-critical technology management services and solutions for government programs.  DRC offers forward-thinking solutions backed by a history of excellence and customer satisfaction.  Founded in 1955, DRC is a publicly held corporation (Nasdaq: DRCO) and maintains more than 25 offices nationwide with major offices in Andover, Massachusetts; Reston, Virginia; and Fairborn, Ohio.  For more information please visit our website at www.drc.com.

Safe harbor statements under the Private Securities Litigation Reform Act of 1995: Some statements contained or implied in this news release, may be considered forward-looking statements, which by their nature are uncertain. Consequently, actual results could materially differ. For more detailed information concerning how risks and uncertainties could affect the company's financial results, please refer to DRC's most recent filings with the SEC. The company assumes no obligation to update any forward-looking information.
 
 
 
 CONTACTS:  Investors:  Dave Keleher  Media:  Duyen "Jen" Truong,
     SVP and Chief Financial Officer    Sage Communications (for DRC)
     978.289.1615    703.584.5645
      dkeleher@drc.com     duyent@aboutsage.com
 
 

 

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-----END PRIVACY-ENHANCED MESSAGE-----