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Conformed Copy
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) JULY 12, 1996
PUROFLOW INCORPORATED
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(Exact name of registrant as specified in its charter)
DELAWARE 13-1947195
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(State or other (I.R.S. Employer
jurisdiction of incorporation) Identification No.)
0-5622
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(Commission File Number)
16559 Saticoy Street, Van Nuys, California 91406
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (818) 756-1388
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(Former name or former address, if changed since last report)
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Item 1 None
Item 2 None
Item 3 None
Item 4 None
Item 5 On July 12, 1996, in the Superior Court of California, County of
Los Angeles, the Registrant obtained a directed verdict against
George Solymar, former President and C.E.O., dismissed his alleged
allegations of wrongful discharge of his lifetime employment
contract, and recovery of $46,000 of conversion of funds. The parties
stipulated to a termination of all further litigation between
plaintiff and defendant.
On June 24, 1996, Registrant was successful in vacating a
Confession of Judgment obtained by Memtec America Corporation
("Memtec") in the Circuit Court for Baltimore County, State of
Maryland. On July 15, 1996, Registrant filed its answer and
counter-claim against Memtec alleging misappropriation of Puroflow's
trade secrets and confidential and proprietary information; unfair
competition; and tortious interference with Puroflow's contractual
and economic relations.
Item 6 None
Item 7 None
Item 8 None
SIGNATURE
Pursuant to the requirements of Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereto duly authorized.
PUROFLOW INCORPORATED
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Registrant
By: /s/ MICHAEL H. FIGOFF
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Michael H. Figoff
President/CEO
Dated: August 16, 1996
