Collectors Universe Inc (Other) (8-K)
September 28 2007 - 6:04AM
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):
|
September
27, 2007
|
COLLECTORS
UNIVERSE, INC.
|
|
(Exact
name of registrant as specified in its
charter)
|
Delaware
|
0-27887
|
33-0846191
|
|
(State
or other jurisdiction
|
(Commission
|
(IRS
Employer
|
of
incorporation)
|
File
Number)
|
Identification
No.)
|
|
|
1921
E. Alton Avenue, Santa Ana, California
|
92705
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code:
|
(949)
567-1234
|
|
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:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
7.01
|
Regulation
FD Disclosure
|
On
September 27, 2007, Collectors Universe, Inc. issued a press release announcing
that the Appellate Court in the William Miller Case has issued an order granting
a motion, filed by Miller, for a rehearing of the Appellate Court’s ruling
issued in August 2007. In its August 2007 ruling, the Appellate Court had
rejected Miller’s claim that he was entitled to statutory damages of
approximately $10.5 million.
As
reported in the Company’s press release, in granting Miller’s petition for
rehearing the Appellate Court stated that “[t]o assure fairness, and ‘[t]o
afford the parties all benefit of the doubt’ . . . we invite the parties to
submit supplemental briefs limited to argument . . .” concerning
(i) whether the legal theory used by the Court to arrive at its earlier
decision may be properly utilized in this particular case, and (ii) if not,
what legal theory should be used to determine the damages that may be awarded
to
Miller. The supplemental briefs are due on October 31, 2007.
The
Company continues to believe that it will not incur any material liability
to
Miller in this case. However, due to the relatively novel legal issues involved,
it is not possible to predict, with certainty, how the Appellate Court will
ultimately rule.
In
accordance with General Instruction B. 2 of Form 8-K, the information in this
Current Report, including Exhibit 99.1 hereto, is being furnished and shall
not
be deemed "filed" for purposes of Section 18 of the Securities Exchange Act
of
1934, as amended, or otherwise subject to the liabilities of that Section,
nor
shall such information be deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended.
ITEM
9.01
|
Financial
Statements and
Exhibits.
|
Exhibit
No.
|
|
Description
|
|
|
|
99.1
|
|
Press
release reporting that the Appellate Court in the Miller Case has
issued
an order granting a rehearing of the Appellate Court’s ruling issued in
August 2007.
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this Current Report to be signed on its behalf by the undersigned,
hereunto duly authorized.
|
|
|
|
COLLECTORS
UNIVERSE, INC.
|
|
|
|
Dated:
September 27, 2007
|
By:
|
/s/
JOSEPH J. WALLACE
|
|
Joseph
J. Wallace, Chief Financial Officer
|
|
|
EXHIBIT
INDEX
Exhibit
No.
|
|
Description
|
|
|
|
99.1
|
|
Press
release reporting that the Appellate Court in the Miller Case has
issued
an order
granting
a rehearing of the Appellate Court’s ruling issued in August 2007.
|
Collectors Universe (NASDAQ:CLCT)
Historical Stock Chart
From May 2024 to Jun 2024
Collectors Universe (NASDAQ:CLCT)
Historical Stock Chart
From Jun 2023 to Jun 2024