-----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, Wh279yu8qt1ZPeYVRDy1Lzxh90q/iub49Tuv+Cc1H7mWkWbWWcsS+pA6RPBwLwO3 It3iSHNUuXBNYF8cDlm6Ow== 0000893750-03-000365.txt : 20030707 0000893750-03-000365.hdr.sgml : 20030704 20030703181800 ACCESSION NUMBER: 0000893750-03-000365 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030702 ITEM INFORMATION: Other events FILED AS OF DATE: 20030707 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WORLDCOM INC CENTRAL INDEX KEY: 0000723527 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 581521612 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10415 FILM NUMBER: 03775981 BUSINESS ADDRESS: STREET 1: 500 CLINTON CENTER DRIVE CITY: CLINTON STATE: MS ZIP: 39056 BUSINESS PHONE: 6014605600 FORMER COMPANY: FORMER CONFORMED NAME: MCI WORLDCOM INC DATE OF NAME CHANGE: 19980914 FORMER COMPANY: FORMER CONFORMED NAME: WORLDCOM INC /GA/ DATE OF NAME CHANGE: 19970127 FORMER COMPANY: FORMER CONFORMED NAME: LDDS COMMUNICATIONS INC /GA/ DATE OF NAME CHANGE: 19930916 8-K 1 form8k.txt FORM 8-K - ------------------------------------------------------------------------------ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549-1004 ---------------------- 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, 2003 -------------- WorldCom, Inc. (Exact Name of Registrant as Specified in Charter) -------------- Georgia 0-11258 58-1521612 (State or Other Jurisdiction of (Commission File Number) (IRS Employer Incorporation) Identification No.) 22001 Loudoun County Parkway, Ashburn, Virginia 20147 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (703) 886-5600 -------------- - ------------------------------------------------------------------------------ Item 5. Other Events. On July 2, 2003, the Securities and Exchange Commission (the "SEC") and WorldCom, Inc., d/b/a MCI (the "Company") filed documents modifying the proposed settlement of its claim for a civil penalty in its civil action against the Company in the U.S. District Court for the Southern District of New York (the "District Court"). Under the modified terms of the proposed settlement, in the event of confirmation of a plan of reorganization of the Company by the U.S. Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"), the Company will satisfy the SEC's civil penalty claim by paying $500,000,000 in cash and by transferring common stock in the reorganized company having a value of $250,000,000 to a distribution agent to be appointed by the District Court. On July 3, 2003, the SEC and the Company filed a revised settlement agreement reflecting a technical change that increases the civil penalty from $1.51 billion to $2.25 billion without changing the amount to be paid by the Company as described in the preceding paragraph. All other material terms of the proposed settlement remain the same. The proposed settlement must be approved by both the District Court and the Bankruptcy Court. 2 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. WORLDCOM, INC. (Registrant) By: /s/ Paul M. Eskildsen ---------------------- Name: Paul M. Eskildsen Title: Acting General Counsel and Secretary Dated: July 3, 2003 3 -----END PRIVACY-ENHANCED MESSAGE-----