-----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, Q1DauZ/qL3IEKAqnrEdORmx4XhD7UcXrfE5eLU0+l9LNnqkVOKQyHueKSZYx5En6 jTfT/CIkv0FQDMhPKE1BHw== 0000950130-97-003431.txt : 19970806 0000950130-97-003431.hdr.sgml : 19970806 ACCESSION NUMBER: 0000950130-97-003431 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970731 ITEM INFORMATION: Other events FILED AS OF DATE: 19970805 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROBERTS PHARMACEUTICAL CORP CENTRAL INDEX KEY: 0000853022 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 222429994 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10432 FILM NUMBER: 97651292 BUSINESS ADDRESS: STREET 1: MERIDIAN CENTRE II STREET 2: 4 INDUSTRIAL WAY W CITY: EATONTOWN STATE: NJ ZIP: 07724 BUSINESS PHONE: 9083891182 MAIL ADDRESS: STREET 1: MERIDIAN CTR II STREET 2: 4 INDUSTRIAL WAY WEST CITY: EATONTOWN STATE: NJ ZIP: 07724 8-K 1 FORM 8-K FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 220549 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 31, 1997 ROBERTS PHARMACEUTICAL CORPORATION - -------------------------------------------------------------------------------- (exact name of registrant as specified in its charter) New Jersey 1-1-432 2-2429994 - --------------- ------------ ------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation Number) Meridian Center II 4 Industrial Way West Eatontown, New Jersey 07724 - -------------------------------------------------------------------------------- (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: 908-389-1182 Meridian Center II 4 Industrial Way West Eatontown, New Jersey 07724 - ------------------------------------------------------------------------------- (Former name or former address, if changed from last report) -2- Item 5. Other Events ------------ Roberts Pharmaceutical Corporation (the "Company") previously reported that in April 1995 a shareholders class action suit (the "Class Action") had been instituted against it and certain of its current and former officers by Grace Cowit (the "Plaintiff") on behalf of persons who purchased shares of the Company's Common Stock between November 7, 1994 and May 31, 1995. The Class Action alleged certain violations of the Federal securities laws by the Company and certain of its officers and a former officer and sought damages in an unspecified amount. The Company believes that it has complied with all of its obligations under the Federal securities laws and considers the Plaintiff's allegations to be without merit; however, in order to avoid the disadvantages of protracted litigation and the expense associated with it, the Company has reached an agreement in principle to settle the Class Action. The net expense of the settlement to Roberts will amount to approximately $1.8 million, before taxes, and will be recorded as a non-operating, one time charge in the third quarter of 1997. The Company stated that after including this non-recurring charge, the third quarter of 1997 appears to be on track toward becoming the Company's fourth consecutive quarter of profitability. Finalization of the proposed settlement is subject to the negotiation and signing of a definitive stipulation of settlement, notice to the members of the class of the proposed settlement and approval of the settlement by the court in which the Class Action was instituted. 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. ROBERTS PHARMACEUTICAL CORPORATION ------------------------------------ (Registrant) Date: August 5, 1997 By: /s/ Anthony A. Rascio -------------------------------- Anthony A. Rascio Vice President -----END PRIVACY-ENHANCED MESSAGE-----