UNITED STATES
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): May 17, 2013
CORVEL CORPORATION
(Exact Name of Registrant as Specified in Charter)
DELAWARE | 000-19291 | 33-0282651 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
2010 Main Street, Suite 600, Irvine, California |
92614 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code (949) 851-1473
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01. | Regulation FD Disclosure. |
On May 17, 2013, CorVel Corporation issued a press release to announce that its Board of Directors has declared a two-for-one stock split of the Companys Common Stock to be effected in the form of a 100% stock dividend. The stock dividend will be distributed on June 26, 2013 to stockholders of record on June 12, 2013.
The information contained in this report and in the exhibit attached to this report is being furnished to the Securities and Exchange Commission and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liability of that section, or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 | Financial Statements, Pro Forma Financial Information and Exhibits. |
(d) Exhibits
Exhibit No. |
Description of Exhibit | |
99.1 | Press Release, dated May 17, 2013, announcing the Companys Board of Directors has declared a two-for-one stock split of the Companys Common Stock to be effected in the form of a 100% stock dividend. The stock dividend will be distributed on June 26, 2013 to stockholders of record on June 12, 2013. |
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.
CORVEL CORPORATION, | ||||||
a Delaware corporation | ||||||
(Registrant) | ||||||
Date: May 17, 2013 | By: | /s/ V. Gordon Clemons | ||||
Name: | V. Gordon Clemons | |||||
Title: | Chairman of the Board, Chief Executive Officer and President |
EXHIBIT INDEX
Exhibit No. |
Description | |
99.1 | Press Release, dated May 17, 2013, announcing the Companys Board of Directors has declared a two-for-one stock split of the Companys Common Stock to be effected in the form of a 100% stock dividend. The stock dividend will be distributed on June 26, 2013 to stockholders of record on June 12, 2013. |
Exhibit 99.1
NEWS RELEASE
Date: May 17, 2013 | CorVel Corporation | |
2010 Main Street | ||
Suite 1020 | ||
Irvine, CA 92614 | ||
FOR IMMEDIATE RELEASE | Contact: Heather Burnham | |
Phone: 949-851-1473 | ||
http://www.corvel.com |
CorVel Corporation Declares a Two-for-One Stock Split
Irvine, Calif., May 17, 2013 CorVel (Nasdaq: CRVL - news) announced today that its Board of Directors has declared a two-for-one stock split of the Companys Common Stock to be effected in the form of a 100% stock dividend. The stock dividend will be distributed on June 26, 2013 to stockholders of record on June 12, 2013.
About CorVel
CorVel Corporation is a national provider of industry-leading workers compensation solutions for employers, third party administrators, insurance companies, and government agencies seeking to control costs and promote positive outcomes. We apply technology, intelligence, and a human touch to risk management so our clients can intervene early and often and be connected to the critical intelligence they need to proactively manage risk. With a robust technology platform at its core, our connected solution is delivered by a national team of associates who are committed to helping clients design and administer programs that meet their organizations performance goals.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on the Companys current expectations, estimates and projections about the Company, managements beliefs, and certain assumptions made by the Company, and events beyond the Companys control, all of which are subject to change. Such forward-looking statements include, but are not limited to, statements relating to the amount and timing of repurchases under the Companys stock repurchase program. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause the Companys actual results to differ materially and adversely from those expressed in any forward-looking statement.
The risks and uncertainties referred to above include, but are not limited to, factors described in this press release and the Companys filings with the Securities and Exchange Commission, including but not limited to Risk Factors in the Companys Annual Report on Form 10-K for the year ended March 31, 2012 and the Companys Quarterly Report on Form 10Q for the quarters ended June 30, 2012, September 30, 2012 and December 31, 2012. The forward-looking statements in this press release speak only as of the date they are made. The Company undertakes no obligation to revise or update publicly any forward-looking statement for any reason.
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