Current Report Filing (8-k)
January 27 2017 - 6:14AM
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): January 26, 2017
Cynosure, Inc.
(Exact
Name of Registrant as Specified in Charter)
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Delaware
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000-51623
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04-3125110
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(State or Other Jurisdiction
of Incorporation
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(Commission
File Number)
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(IRS Employer
Identification No.)
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5 Carlisle Road, Westford, MA
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01886
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrants telephone number, including area code: (978)
256-4200
(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 (
see
General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
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Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
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On January 26, 2017, Cynosure, Inc. (the Company)
entered into an agreement to settle the complaint filed by ARcare, Inc., individually and on behalf of a putative nationwide class, against the Company, alleging that the Company violated the federal Telephone Consumer Protection Act. The complaint
is described in Part II, Item 1, Legal Proceedings TCPA Litigation in the Companys Quarterly Report on Form
10-Q
for the quarter ended September 30, 2016.
The settlement is subject to court approval. If approved, the Company would receive a full release from the settlement class concerning the
conduct alleged in the complaint, and would pay settlement compensation between $6.5 million and $16 million depending on the number of class members that file a valid claim. The Company has recorded a $7.2 million charge in the
fourth quarter of 2016 in connection with the settlement agreement and expenses associated with the matter. The Company expects the claims process with respect to this settlement to proceed in the first half of 2017.
SIGNATURE
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 hereunto duly authorized.
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CYNOSURE, INC.
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Date: January 27, 2017
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By:
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/s/ Peter C. Anastos
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Peter C. Anastos
Senior Vice President,
General Counsel and Secretary
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