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): March 20, 2009 

ALICO, INC. 

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(Exact Name of Registrant as Specified in Charter) 

FLORIDA 

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(State or Other Jurisdiction of Incorporation) 

0-261 

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(Commission File Number)

59-0906081

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IRS Employer 

Identification No.) 

POST OFFICE BOX 338, 

LA BELLE, FLORIDA 

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(Address of Principal Executive Offices) 

33975

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(Zip Code)

Registrant's telephone number, including area code: (863) 675-2966 

N/A 

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(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 C.F.R. 230.425)

__ Soliciting Material pursuant to Rule 14a-12 under the Exchange Act (17 C.F.R. 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 C.F.R. 240.13e-4(c))

ITEM 8.01 OTHER EVENTS.

On March 20, 2009, the Company issued a press release announcing Alico receives a $7.0 million settlement.  The press release is attached hereto as Exhibit 99.1 and incorporated by reference.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibits

Exhibit 99.1- Press release announcing Alico receives a $7.0 million settlement.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ALICO, INC.

(Registrant)

Date: March 20, 2009                                                                                          By: /s/ STEVEN M. SMITH 

                                                                                                                               Steven M. Smith

                                                                                                                               President & Principal Executive Officer

EXHIBIT INDEX

Exhibit 99.1 Company Press Release issued March 20, 2009.