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): February 23, 1998
HOMEUSA, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 1-13477 76-0546715
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
THREE RIVERWAY, SUITE 555
HOUSTON, TEXAS 77056
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 965-0520
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HOMEUSA, INC.
TABLE OF CONTENTS
FOR
CURRENT REPORT ON FORM 8-K
PAGE
Item 5. Other Events.............................................3
Signature .........................................................4
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ITEM 5. OTHER EVENTS.
A complaint (the "Complaint") has been filed against the registrant,
the members of its board of directors, and Fleetwood Enterprises, Inc.
("Fleetwood") in the Delaware Court of Chancery in New Castle County. The
Complaint was purportedly filed on behalf of a stockholder of the registrant,
and seeks certification as a class action. The Complaint alleges, among other
things, that by entering into a merger agreement with Fleetwood, the registrant
and the members of its board of directors did not act reasonably and in
compliance with their fiduciary duties to the registrant's stockholders. The
Complaint seeks to enjoin the proposed merger of the registrant with Fleetwood,
rescissory and/or compensatory damages, attorneys fees and other relief.
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SIGNATURE
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.
HOMEUSA, INC.
By: /s/
Michael F. Loy
Vice President and Chief Financial Officer
Dated: February 27, 1998
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