Current Report Filing (8-k)
January 19 2017 - 4:03PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 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): January 19, 2017
Commission
file number: 0-22773
NETSOL
TECHNOLOGIES, INC.
(Exact
name of small business issuer as specified in its charter)
NEVADA
|
|
95-4627685
|
(State
or other Jurisdiction of
|
|
(I.R.S.
Employer NO.)
|
Incorporation
or Organization)
|
|
|
24025
Park Sorrento, Suite 410, CA 91302
(Address
of principal executive offices) (Zip Code)
(818)
222-9195 / (818) 222-9197
(Issuer’s
telephone/facsimile numbers, including area code)
Item
8.01 Other Events
On
January 9, 2017, Judge Kenneth R. Freeman issued an Order Granting Settling Parties’ Joint Motion for Preliminary Approval
of Settlement and Providing Notice in connection with the previously disclosed shareholder derivative lawsuit pending in California
state court,
McArthur v Ghauri, et al.
, Case No. BC599020 (Los Angeles, Cty.). A copy of the Notice of Pendency and Settlement
of Derivative Action is lodged herewith. The settlement, if approved by the Court, also resolves the other previously disclosed
shareholder derivative lawsuit, which is pending in Nevada state court,
Paulovits v. Ghauri, et al.
, Case No. CV15-02470
(Washoe Cty.).
This
information is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, nor
shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act,
except as expressly set forth by specific reference in such a filing.
Exhibit
99.1
Notice of Pendency and Settlement of Derivative Action dated January 9, 2017
SIGNATURES
In
accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
NETSOL
TECHNOLOGIES, INC.
Date:
|
January
19, 2017
|
/s/
Najeeb Ghauri
|
|
|
NAJEEB
GHAURI
|
|
|
Chief
Executive Officer
|
Date:
|
January
19, 2017
|
/s/
Roger K. Almond
|
|
|
Chief
Financial Officer
|
NetSol Technologies (NASDAQ:NTWK)
Historical Stock Chart
From Aug 2024 to Sep 2024
NetSol Technologies (NASDAQ:NTWK)
Historical Stock Chart
From Sep 2023 to Sep 2024