Current Report Filing (8-k)
April 30 2015 - 3:37PM
Edgar (US Regulatory)
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): April 28, 2015
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PLASTIC2OIL,
INC. |
|
|
|
|
(Exact
name of registrant as specified in its charter) |
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Nevada |
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000-52444 |
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90-0822950 |
(State
or other jurisdiction |
|
(Commission |
|
(I.R.S.
Employer |
of
incorporation) |
|
File
Number) |
|
Identification
No.) |
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|
|
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20
Iroquois Street
Niagara
Falls, NY |
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14303 |
(Address
of principal executive offices) |
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|
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (716) 278-0015
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))
Section
8 — Other Events
Item
8.01 Other Events
Dismissal
of Class Action Lawsuit
On
April 28, 2015, the court presiding over the previously reported class action lawsuit against the Company and Messrs. Bordynuik
and Baldwin (both former officers of the Company) gave its final approval of the proposed settlement set forth in the previously
reported stipulation agreement and dismissed the action.
As
previously reported, on August 8, 2013, the Company entered into a stipulation agreement (the “Stipulation Agreement”)
in potential settlement of the previously reported class action lawsuit filed by certain stockholders of the Company against the
Company and Messrs. Bordynuik and Baldwin on behalf of a settlement class consisting of purchasers of the Company’s common
stock during the period from August 28, 2009 through January 4, 2012. The terms of the Stipulation Agreement are summarized in
the Company’s Current Report on Form 8-K, filed with the Securities and Exchange Commission on August 9, 2013. Thereafter,
on December 18, 2014, the Court filed and entered its Order Preliminarily Approving Settlement and Providing for Notice of Proposed
Settlement (the “Preliminary Approval Order”). In its Preliminary Approval Order the Court preliminarily approved
the settlement set forth in the Stipulation Agreement, and scheduled a hearing on April 27, 2015, to determine whether to give
final approval of the settlement, and enter judgment accordingly. On April 28, 2015, following said hearing, the Court filed its
Final Judgment and Order of Dismissal with Prejudice, giving final approval of the settlement set forth in the Stipulation Agreement
and dismissing the action.
Section
9 - Financial Statements and Exhibits
Item
9.01 Financial Statements and Exhibits.
NONE
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
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Plastic2Oil,
Inc. |
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April
30, 2015 |
By: |
/s/
Richard Heddle |
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Name:
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Richard
Heddle |
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Title: |
Chief Executive
Officer |
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