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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 18, 1995
HURCO COMPANIES, INC.
(Exact name of registrant as specified in its charter)
INDIANA 0-9143 35-1150732
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
ONE TECHNOLOGY WAY
INDIANAPOLIS, INDIANA 46268
(Address of principal executive offices)
Registrant's telephone number, including area code: (317) 293-5390
--------------
NOT APPLICABLE
(Former name or former address, if changed since last report
Page 1 of 4 Pages
ITEM 5. OTHER EVENTS
On April 18, 1995, the Company issued a press release announcing the dismissal
of all claims against the Company and its co-defendents in the pending Federal
Court action brought in February 1994 by Constantine Stamatio, individually and
purportedly on behalf of a class of company shareholders.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) and (b) Not applicable.
(c) Exhibits
Exhibit 99 Press Release dated April 18, 1995
Page 2 of 4 Pages
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 thereunto duly authorized.
Dated: April 26, 1995
HURCO COMPANIES, INC.
By: /S/ THOMAS L. BROWN
--------------------
Thomas L. Brown
Corporate Controller and
Assistant Secretary
Page 3 of 4 Pages
EXHIBIT 99
From: Roger J. Wolf
Senior Vice President
Chief Financial Officer
(317) 293-5309
HURCO CLASS ACTION DISMISSED
INDIANAPOLIS, INDIANA, April 18, 1995 . . . . Hurco Companies, Inc.
(NASDAQ Symbol: HURC) today announced the dismissal of all claims against the
Company and its co-defendants in the pending Federal court action brought in
February 1994 by Constantine Stamatio, individually and purportedly on behalf of
a class of Company shareholders. The complaint had alleged violations of the
antifraud provisions of the Federal securities laws and common law fraud in
connection with the Company's disclosures regarding its financial condition and
operations between June 1992 and August 1993. In entering judgment in favor of
the Company and all other defendants, Chief Judge Sarah Evans Barker of the
United States District Court for the Southern District of Indiana dismissed all
the pending Federal claims with prejudice and, after holding that the Court
lacked supplemental jurisdiction over the common law claim, dismissed that claim
without prejudice.
# # #
Hurco Companies, Inc. is one of the largest manufacturers of computer
numerical control systems for stand-alone machine tools. The end market for the
Company's products consists primarily of independent job shops and short-run
manufacturing operations within large corporations in industries such as the
aerospace, defense, medical equipment, energy, transportation and computer
industries. The Company is based in Indianapolis, Indiana, has additional
manufacturing facilities in Farmington Hills, Michigan, and has sales,
application engineering and service subsidiaries in High Wycombe, England;
Munich, Germany; Paris, France and Singapore. Products are sold through 85
independent agents and distributors in the United States and 30 other countries.
The Company also has direct sales forces in the United States, the United
Kingdom, Germany, France and Asia.
Page 4 of 4 Pages
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 thereunto duly authorized.
Dated: April 26, 1995
HURCO COMPANIES, INC.
By: /S/TOM L. BROWN
-----------------
Thomas L. Brown
Corporate Controller and
Assistant Secretary
Page 3 of 4 Pages