0001144204-12-018908.txt : 20120330 0001144204-12-018908.hdr.sgml : 20120330 20120330163159 ACCESSION NUMBER: 0001144204-12-018908 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120330 ITEM INFORMATION: Other Events FILED AS OF DATE: 20120330 DATE AS OF CHANGE: 20120330 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RICKS CABARET INTERNATIONAL INC CENTRAL INDEX KEY: 0000935419 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING & DRINKING PLACES [5810] IRS NUMBER: 760037324 STATE OF INCORPORATION: TX FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13992 FILM NUMBER: 12729677 BUSINESS ADDRESS: STREET 1: 10959 CUTTEN ROAD CITY: HOUSTON STATE: TX ZIP: 77066 BUSINESS PHONE: 2813976730 MAIL ADDRESS: STREET 1: 10959 CUTTEN ROAD CITY: HOUSTON STATE: TX ZIP: 77066 8-K/A 1 v308000_8ka.htm 8-K/A

 

Securities and Exchange Commission

Washington, D.C. 20549

 

FORM 8-K/A

 

Current Report

Pursuant To Section 13 or 15(d) Of

The Securities Exchange Act of 1934

 

Date of Report:  March 30, 2012

 

RICK'S CABARET INTERNATIONAL, INC.

(Exact Name of Registrant As Specified in Its Charter)

 

Texas   001-13992   76-0037324
(State Or Other Jurisdiction of Incorporation)   (Commission File Number)    (IRS Employer Identification No.)

 

10959 Cutten Road

Houston, Texas 77066

(Address of Principal Executive Offices, Including Zip Code)

 

(281) 397-6730

(Issuer’s Telephone Number, Including Area Code)

 

ITEM 8.01 OTHER EVENTS

 

On March 21, 2012, the Company agreed to a settlement in the previously reported litigation filed in Travis County, Texas, 126th Judicial District Court. The parties are in the process of preparing and completing settlement documents in this matter. The terms of the settlement provide for the payment of $2,650,000 to Diane McElroy and a full and complete release of the Company and Mr. Eric Langan, our Chief Executive Officer, who was also named in the litigation. The settlement amount will be paid with approximately $850,000 in insurance proceeds and a cash payment from the Company of approximately $1,800,000. No admission of liability was made by the Company. This settlement will be accounted for in our fiscal quarter ended March 31, 2012 and will have a negative impact on our earnings net of taxes for the quarter.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 

  RICK'S CABARET INTERNATIONAL, INC.
     
Date:  March 30, 2012 By: /s/  Eric Langan
    Eric Langan
    President and Chief Executive Officer