-----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, Tj5PqMesPgTk7eqaib2iNjEvCIu1xr8BeoLoaTq2v9qIqVdijUeZ4BclfSRKZYQ1 +bilOdoDfamGUf7kRXUZAw== 0000950148-03-002328.txt : 20030924 0000950148-03-002328.hdr.sgml : 20030924 20030924150619 ACCESSION NUMBER: 0000950148-03-002328 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030924 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030924 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOTORCAR PARTS & ACCESSORIES INC CENTRAL INDEX KEY: 0000918251 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 112153962 STATE OF INCORPORATION: NY FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23538 FILM NUMBER: 03907795 BUSINESS ADDRESS: STREET 1: 2929 CALIFORNIA STREET CITY: TORRANCE STATE: CA ZIP: 90503 BUSINESS PHONE: 3109724057 MAIL ADDRESS: STREET 1: 2929 CALIFORNIA STREET CITY: TORRANCE STATE: CA ZIP: 90503 8-K 1 v93261e8vk.htm 8-K Motorcar PArts & Accessories, Inc., 8-K
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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): September  24, 2003

Motorcar Parts & Accessories, Inc.


(Exact name of registrant as specified in its charter)

         
New York   0-23538   11-2153962

 
 
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
     
2929 California Street, Torrance, CA    90503

 
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (310) 212-7910


 


Item 5. Other Events and Regulation FD Disclosure.
Item 7. Financial Statements and Exhibits.
SIGNATURES
EXHIBIT 99.1


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Item 5. Other Events and Regulation FD Disclosure.

     Attached hereto as Exhibit 99.1 is a press release issued by Motorcar Parts & Accessories, Inc. on September 23, 2003, which is incorporated by reference herein.

Item 7. Financial Statements and Exhibits.

(c) Exhibits

             
Exhibit No.   Description        

 
       
99.1   Press Release, September 23, 2003.

 


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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.

     
    MOTORCAR PARTS & ACCESSORIES, INC.
     
    /s/ Charles Yeagley
   
Date: September 24, 2003   Charles Yeagley
Chief Financial Officer

  EX-99.1 3 v93261exv99w1.txt EXHIBIT 99.1 _ EXHIBIT 99.1 MOTORCAR PARTS & ACCESSORIES, INC 2929 California Street Torrance, California 90503 Contact: Selwyn Joffe Chairman of the Board, President and CEO Motorcar Parts & Accessories, Inc. (310) 972-4005 FOR IMMEDIATE RELEASE MPA ANNOUNCES RICHARD MARKS RESIGNATION Torrance, California, September 23, 2003 - Motorcar Parts & Accessories, Inc. (MPAA - Internet billboard) announced today that Richard Marks, advisor to its Board of Directors and Chief Executive Officer and until late 1999 its President and Chief Operating Officer, has submitted his resignation at the request of the Board, effective immediately. As previously disclosed, Mr. Marks has previously advised the Company that he is a target of the U.S. Attorney's investigation. The investigation is currently consuming a substantial amount of Mr. Marks' time and efforts. Also as previously disclosed, the Company is not a target of the U.S. Attorney's investigation. The Company and Mr. Marks have agreed in principle to a settlement of Mr. Mark's employment agreement, which was scheduled to expire on December 31, 2003. MPA is a leading remanufacturer of replacement alternators and starters for imported and domestic cars and light trucks in the United States and Canada. MPA also assembles and distributes ignition wire sets for imported and domestic cars and light trucks. MPA has facilities in the United States in Torrance, California and Nashville, Tennessee, as well as overseas in Singapore and Malaysia. DISCLOSURE REGARDING PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. This press release may contain certain forward-looking statements with respect to the future performance of the Company that involve risks and uncertainties. Various factors could cause actual results to differ materially from those projected in such statements. These factors include, but are not limited to: concentration of sales to certain customers, changes in the Company's relationship with any of its customers, the potential for changes in consumer spending, consumer preferences and general economic conditions, increased competition in the automotive parts remanufacturing industry, unforeseen increases in operating costs and other factors discussed herein and in the Company's filings with the Securities and Exchange Commission. ######################## -----END PRIVACY-ENHANCED MESSAGE-----