-----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, EjfovuDP2LuyxcHdtHlsNP5EhR430edwHLTO50Jue2ta+jOjcErGH+NoE3uhmCE9 JD9Eh93WkHY6ZCV2VO7Cqw== 0000891092-96-000174.txt : 19960917 0000891092-96-000174.hdr.sgml : 19960917 ACCESSION NUMBER: 0000891092-96-000174 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960913 ITEM INFORMATION: Changes in registrant's certifying accountant FILED AS OF DATE: 19960916 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: PORTA SYSTEMS CORP CENTRAL INDEX KEY: 0000079564 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 112203988 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08191 FILM NUMBER: 96630723 BUSINESS ADDRESS: STREET 1: 575 UNDERHILL BLVD CITY: SYOSSET STATE: NY ZIP: 11791 BUSINESS PHONE: 5163649300 MAIL ADDRESS: STREET 1: 575 UNDERHILL BLVD CITY: SYOSSET STATE: NY ZIP: 11791 8-K 1 CURRENT REPORT ON FORM 8-K 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): September 13, 1996 PORTA SYSTEMS CORP. (Exact name of Registrant as specified in its Charter) Delaware 1-8191 11-2203988 (State or other jurisdiction (Commission (IRS Employer of incorporation File No.) Identification No.) 575 Underhill Boulevard, Syosset, New York 11791 (Address of Principal Executive Office) Registrant's telephone number, including area code: (516) 364-9300. Page 1 of 3 Item 4. Changes in Registrant's Certifying Accountants. The Registrant has engaged the firm of BDO Seidman LLP ("BDO Seidman") as its independent public accountants for the audit of its financial statements for the year ended December 31, 1995. The engagement of BDO Seidman followed the receipt by the Registrant of advice from the staff of the Securities and Exchange Commission (the "SEC") in June 1996 that it is the SEC staff's position that the independence of the Company's prior auditors, KPMG Peat Marwick L.L.P. ("KPMG Peat Marwick"), is adversely impacted by certain relationships involving the auditors and KPMG BayMark Strategies LLP, and Mr. Edward R. Olson, the President of KPMG BayMark Strategies who is also serving as the Company's interim president and chief operating officer. The engagement of BDO Seidman was approved by the Registrant's board of directors. There were no disagreements with KPMG Peat Marwick, whether or not resolved, on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure. Page 2 of 3 SIGNATURE 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. Date: September 13, 1996 PORTA SYSTEMS CORP. By: /s/ Edward B. Kornfeld ----------------------------- Edward B. Kornfeld Vice President Chief Financial Officer Page 3 of 3 -----END PRIVACY-ENHANCED MESSAGE-----