8-K

                       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): November 8, 2002



                               SL INDUSTRIES, INC.
                               -------------------
               (Exact Name of Registrant as Specified in Charter)



New Jersey                               1-4987               21-0682685
- ----------------------------             ------------         -------------------
(State or Other Jurisdiction             (Commission          (I.R.S. Employer
of Incorporation)                        File Number)         Identification No.)



                         520 Fellowship Road, Suite A114
                         Mount Laurel, New Jersey 08054
                         ------------------------------
              (Address of Principal Executive Offices and Zip Code)


                                 (856) 727-1500
                                 --------------
              (Registrant's telephone number, including area code)


                                       N/A
            ---------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)






ITEM 5.        OTHER EVENTS.

            On November 8, 2002, SL Industries,  Inc. (the "Company")  announced
that a jury verdict has been  rendered in the lawsuit  filed by Eaton  Aerospace
LLC ("Eaton") against SL Montevideo Technology,  Inc. ("SL-MTI"),  the Company's
subsidiary,  in the amount of approximately $650,000. Prior to trial, SL-MTI had
admitted  an  additional  liability  in the  approximate  amount of  $35,000.  A
judgment on the matter will also include  interest,  and may include costs.  The
lawsuit  was filed by Eaton  against  SL-MTI  in the fall of 2000 in the  United
States District Court for the Western  District of Michigan,  alleging breach of
contract  and  warranty  in  the  defective  design  and  manufacture  of a high
precision motor, and sought  compensatory  damages of approximately  $3,900,000.
SL-MTI is considering all of its options regarding the decision.

            For additional  information,  reference is made to the press release
attached hereto as Exhibit 99.1.


ITEM 7.     FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

(c)         Exhibits.

            The following is filed as an Exhibit to this Report:

Exhibit Number          Description
- --------------          -----------

99.1                    Press Release dated November 8, 2002.







                                   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.



                                             SL Industries, Inc.


Date:  November 12, 2002                     By: /s/ David R. Nuzzo
                                                 ------------------------------
                                                 David R. Nuzzo
                                                 Vice President Finance and
                                                 Administration






                                  EXHIBIT INDEX

             Exhibit Number          Description
             --------------          -----------

             99.1                    Press Release dated November 8, 2002.

EX-99.1

                                  Exhibit 99.1


                                                           FOR IMMEDIATE RELEASE



                          SL INDUSTRIES, INC. ANNOUNCES
                             DECISION IN LITIGATION

Mt. Laurel,  NJ - November 8, 2002 - Today SL Industries,  Inc. (the  "Company")
announced  that a jury verdict has been  rendered in the lawsuit  filed by Eaton
Aerospace LLC ("Eaton") against SL Montevideo Technology,  Inc. ("SL-MTI"),  the
Company's subsidiary,  in the amount of approximately $650,000.  Prior to trial,
SL-MTI  had  admitted  an  additional  liability  in the  approximate  amount of
$35,000.  A judgment on the matter will also include  interest,  and may include
costs.  The lawsuit was filed by Eaton against SL-MTI in the fall of 2000 in the
United  States  District  Court for the Western  District of Michigan,  alleging
breach of contract and warranty in the  defective  design and  manufacture  of a
high  precision  motor,  and  sought   compensatory   damages  of  approximately
$3,900,000.  SL-MTI is  considering  all of its options  regarding the decision.
Warren  Lichtenstein,  the  Company's  Chairman of the Board,  stated "While any
decision  against SL-MTI is  unfortunate,  we are pleased that the amount of the
decision is  substantially  less than the damages claimed by Eaton,  and believe
that  resolution  of this matter is a positive  development  for SL-MTI and will
permit SL-MTI to move forward with its business plan."

About SL Industries, Inc.

SL Industries,  Inc.  designs,  manufactures  and markets Power and Data Quality
(PDQ)    equipment   and   systems   for   industrial,    medical,    aerospace,
telecommunications  and consumer  applications.  For more  information  about SL
Industries,  Inc.  and its  products,  please  visit the  Company's  website  at
www.slpdq.com.

Forward-Looking Statements

            This press  release  contains  statements  that are  forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995.  These  statements  are  based  on  current  expectations,  estimates  and
projections about the Company's  business based, in part, on assumptions made by
management.  These  statements  are not  guarantees  of future  performance  and
involve  risks,  uncertainties  and  assumptions  that are difficult to predict.
Therefore,  actual  outcomes  and  results  may differ  materially  from what is
expressed  or  forecasted  in such  forward-looking  statements  due to numerous
factors, including those described above and the following: the effectiveness of
the cost reduction initiatives undertaken by the Company,  changes in demand for
the  Company's  products,  product  mix,  the  timing  of  customer  orders  and
deliveries,  the impact of  competitive  products  and pricing,  constraints  on
supplies of critical  components,  excess or  shortage of  production  capacity,
difficulties  encountered in the  integration  of acquired  businesses and other
risks  discussed  from time to time in the  Company's  Securities  and  Exchange
Commission filings and reports.  In addition,  such statements could be affected





by general industry and market conditions and growth rates, and general domestic
and international  economic conditions.  Such  forward-looking  statements speak
only as of the date on which they are made,  and the Company does not  undertake
any  obligation  to update any  forward-looking  statement to reflect  events or
circumstances after the date of this release.

Contact:

     SL Industries, Inc.
     David Nuzzo  856/222-5515

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