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 12, 1997
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Craig Consumer Electronics, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-27882 95-04228391
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
13845 Artesia Boulevard, Cerritos, California 90703-9000
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 562-926-9944
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Not Applicable
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(Former name or former address, if changed since last report.)
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ITEM 5. OTHER EVENTS
On September 12, 1997, Richard Berger, President of Craig Consumer
Electronics, Inc. (the "Registrant or Company") was placed on administrative
leave pending the Company's investigation into certain transactions.
Mr. Richard Williamson, Chief Executive Officer, continues to operate the
Company.
SIGNATURES
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.
Craig Consumer Electronics, Inc.
Date: September 19, 1997 By: /s/ Richard M. Williamson
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Richard M. Williamson
Its Chairman of the Board (Principal Executive)
Date: September 19, 1997 By: /s/ Tony Chow
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Tony Chow
Chief Financial Officer
(Principal Accounting Officer)
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