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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) June 7, 1999
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SABRATEK CORPORATION
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(Exact Name of Registrant as Specified in Its Charter)
Delaware 1-11831 36-3700639
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
8111 North St. Louis, Skokie, Illinois 60076
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(Address of Principal Executive Offices) (Zip Code)
(847) 720-2400
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5: Other Events
Sabratek Corporation, a Delaware corporation ("Sabratek"), was served
with an amended complaint on June 7, 1999. The amended complaint expands the
allegations against Sabratek to include allegations that Sabratek withheld
material information about its future prospects and engaged in improper revenue
recognition, and named three additional officers and one director of Sabratek as
defendants.
The complaint is an amendment to the complaint that was filed in the
United States District Court for the Northern District of Illinois (Chu v.
Sabratek Corporation, et al., Docket No. 99 C 0351) on January 27, 1999 as a
purported class action on behalf of all persons who purchased shares of
Sabratek's common stock between January 13, 1998 and November 24, 1998, although
no court has determined that such persons constitute a proper class. Sabratek
intends to vigorously defend against these charges and believes the amended
complaint is without merit.
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.
Date: June 16, 1999 By: /s/ Stephen L. Holden
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President
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