-----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, RC4+fxOl/G67TSNdaocI6WWS5ygfqOqOqC4wnD6v4yWv44kkWXdpGSNkS/jyZkxj Ok02Lc7p/famV4rnluf5WQ== 0000063917-96-000016.txt : 19960709 0000063917-96-000016.hdr.sgml : 19960709 ACCESSION NUMBER: 0000063917-96-000016 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960702 ITEM INFORMATION: Other events FILED AS OF DATE: 19960708 SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MCDONNELL DOUGLAS CORP CENTRAL INDEX KEY: 0000063917 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT [3721] IRS NUMBER: 430400674 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03685 FILM NUMBER: 96592110 BUSINESS ADDRESS: STREET 1: P O BOX 516 STREET 2: MCDONNELL BLVD AT AIRPORT RD CITY: ST LOUIS STATE: MO ZIP: 63166-0516 BUSINESS PHONE: 3142320232 MAIL ADDRESS: STREET 1: P O BOX 516 CITY: ST LOUIS STATE: MO ZIP: 631660516 FORMER COMPANY: FORMER CONFORMED NAME: MCDONNELL CO DATE OF NAME CHANGE: 19670601 8-K 1 1 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): July 2, 1996 McDonnell Douglas Corporation - ------------------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) Maryland 1-3685 43-0400674 - ------------------------------------------------------------------ State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) Post Office Box 516, St. Louis, Missouri 63166-0516 - ------------------------------------------------------------------ (Address of Principal Executive Offices) (Zip Code) (314) 232-0232 ----------------------------- Registrant's Telephone Number 2 INFORMATION TO BE INCLUDED IN THE REPORT Item 5. Other Events. On June 24, 1996, McDonnell Douglas Corporation ("Company") resolved the previously disclosed investigation commenced by the Securities and Exchange Commission ("SEC") in 1993 relating to the Company's disclosures about and accounting for the C-17 Program. Further, the Commission's investigation commenced in 1991 with regard to the A-12 Program has been concluded without any action. The Company settled a complaint filed by the SEC in federal district court alleging that the Company violated Section 13(a) of the Securities Exchange Act of 1934 and Rules 13a-1 and 12b-20 thereunder. The complaint alleged that the Company's estimate at completion on the C-17 design, development and initial production contract at December 31, 1990 failed to recognize losses resulting in allegedly incorrect December 31, 1990 financial statements that overstated earnings in a material amount. Without admitting or denying any of the allegations in the complaint for purposes of this SEC proceeding only, and solely for the purposes of settlement of the SEC's complaint, the Company simultaneously agreed to the entry of an injunction enjoining it from violating Section 13(a) of the Securities Exchange Act of 1934, and Rules 13a-1 and 12b-20 thereunder in the future, and to the payment of a civil penalty of $500,000. On July 2, 1996, the court entered the injunction. This settlement concluded the investigation. 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. MCDONNELL DOUGLAS CORPORATION July 8, 1996 By: /s/ F. Mark Kuhlmann (Date) ----------------------------------------- F. Mark Kuhlmann Senior Vice President and General Counsel -----END PRIVACY-ENHANCED MESSAGE-----