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):
December 22, 1998
Orlando Predators Entertainment, Inc.
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(Exact name of registrant as specified in it charter)
Florida 001-13217 91-1796903
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification Number)
20 N. Orange Avenue
Suite 101
Orlando, FL 32801
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(Address of principal executive offices)
Registrant's telephone number, including area code (407) 648-4444
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 December 9, 1998, Jack Youngblood, the Company's former President, filed
a lawsuit against the Company in the United States Circuit Court of the Ninth
Judicial Circuit in Orange County, Florida, case no. 98-10027-35. The action is
entitled Herbert Jackson Youngblood III vs. Orlando Predators Entertainment,
Inc., et al. The complaint as it relates to the Company, principally alleges the
Company breached its employment agreement and also alleges the Company issued a
defamatory press release stating that Mr. Youngblood had been placed on paid
administrative leave.
The Company states that Mr. Youngblood was taken off administrative leave
on November 24, 1998 and refused to return to work. Mr. Youngblood was then
terminated for "job abandonment" by the Board of Directors on Monday, December
22, 1998.
The Company believes that Mr. Youngblood's claims are without merit and
intends to vigorously defend the action.
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.
ORLANDO PREDATORS ENTERTAINMENT, INC.
(Registrant)
By: /s/ Jeffrey L. Bouchy
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Chief Financial Officer
Dated: January 5, 1999
