SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 19, 1999
THE ORLANDO PREDATORS ENTERTAINMENT, INC.
(Exact name of registrant as specified in its charter)
Florida 001-13217 91-1796903
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(State or other juris- (Commission (I.R.S. Employer ID
diction of incorporation) File Number) Number)
400 West Church Street
Orlando, Florida 32801
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(Address of principal executive offices)
Registrant's telephone number, including area code (407) 648-4444
not applicable
(Former name or former address, if changed since last report)
<PAGE>
ITEM 5. OTHER EVENTS
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In July 1999, the Arena Football League ("AFL") and all of its member teams
were joined as defendants in a civil action brought by Charlotte Arena Football
League, Inc., a former AFL team operator (the case is captioned Charlotte Arena
football, Ltd. et. al. vs. Arena Football League, Inc., et. al., United States
District Court for the Middle District of Florida) in which the Plaintiffs seek
damages for alleged violations of the Sherman Antitrust Act, for certain
tortious conduct, for breach of fiduciary duties and for civil conspiracy. The
complaint seeks damages against the defendants in amounts exceeding $100
million. Costs of defense and payment of any damages by the defendants will be
advanced by the AFL to be shared equally by all of the AFL teams. The Company
has been advised that the AFL believes the civil action is without merit and
intends to vigorously defend against it.
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.
THE ORLANDO PREDATORS ENTERTAINMENT, INC.
(Registrant)
By: /s/ Jeffrey L. Bouchy
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Jeffrey L. Bouchy, CFO
Dated: July 19, 1999
