Form 8-K

-----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, QZSu5mKAyZwMmD38VEmn8q0d9TP/DLcGH6JusAGGm3vFZnSRVkcIJ8jWjdiKozDX tgaFOuwbb7T0JUZ3eC3OJw== 0001193125-03-091367.txt : 20031209 0001193125-03-091367.hdr.sgml : 20031209 20031209155258 ACCESSION NUMBER: 0001193125-03-091367 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031203 ITEM INFORMATION: Other events FILED AS OF DATE: 20031209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GIANT GROUP LTD CENTRAL INDEX KEY: 0000041296 STANDARD INDUSTRIAL CLASSIFICATION: [9995] IRS NUMBER: 230622690 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04323 FILM NUMBER: 031044944 BUSINESS ADDRESS: STREET 1: 9440 SANTA MONICA BLVD STREET 2: SUITE 407 CITY: BEVERLY HILLS STATE: CA ZIP: 90210 BUSINESS PHONE: 3102735678 MAIL ADDRESS: STREET 1: 9440 SANTA MONICA BLVD STREET 2: SUITE 407 CITY: LOS ANGELES STATE: CA ZIP: 90210 FORMER COMPANY: FORMER CONFORMED NAME: GIANT PORTLAND & MASONRY CEMENT CO DATE OF NAME CHANGE: 19850610 FORMER COMPANY: FORMER CONFORMED NAME: GIANT PORTLAND CEMENT CO DATE OF NAME CHANGE: 19770921 8-K 1 d8k.htm FORM 8-K Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 29549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 of 15(d) of the

Securities Exchange Act of 1934, as amended

Date of Report (Date of earliest event reported): December 3, 2003

GIANT GROUP, LTD

(Exact name of registrant as specified in its charter)

Delaware

1-4323

23-0622690

(State or other

jurisdiction of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

9440 Santa Monica Blvd., Suite 407		90210
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (310) 273 5678

Item 5.

Other Events and Regulation FD Disclosure.

As disclosed in prior filings with the Securities and Exchange Commission, the Company commenced legal action in 2000 against, but not limited to, Arthur Andersen LLP et al. (“Andersen Parties”), Glenn Sands (“Sands”) and L.H. Friend, Weinress, Frankson & Presson, Inc. (“L.H. Friend”) for damages suffered as a result of wrongs complained of in connection with the acquisition of Periscope Sportswear, Inc.

On November 17, 2003, the Company and the Andersen Parties signed a settlement agreement (“Agreement”). As a result of the Agreement, Arthur Andersen LLP paid the Company $2,000,000 on December 3, 2003 to settle all claims asserted and that could have been asserted in the legal action, inclusive of any attorneys’ fees and costs claimed by either the Company or the Andersen Parties. The Company does not discharge its claims against Sands, L.H. Friend or any other defendants in this legal action. Neither party admits any liability or fault.

The terms of the settlement shall not be disclosed, except as stated in the Agreement. The Company will continue to pursue the remaining defendants.

SIGNATURE

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.



Date:	December 8, 2003	By:	/s/ Pasquale A. Ambrogio

			Pasquale A. Ambrogio Vice-President and Chief Financial Officer

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