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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): January 27, 2000
CSK AUTO CORPORATION
(Exact name of registrant as specified in its charter)
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DELAWARE 001-13927 86-0765797
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State or Other Jurisdiction Commission (IRS Employer
of Incorporation File Number Identification No.)
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645 East Missouri Avenue
Phoenix, Arizona 85012
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(Address of Principal Executive Offices, Including Zip Code)
Registrant's telephone number, including area code: (602) 265-9200
Not Applicable.
(Former name or former address, if changed since last report)
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Item 5 Other Events.
As previously disclosed, on May 4, 1998, a lawsuit was filed against
CSK in the Superior Court in San Diego, California. The case was brought by two
former store managers and a former senior assistant manager. It purports to be a
class action for all present and former California store managers and senior
assistant managers and seeks overtime pay for a period beginning in May 1995 as
well as injunctive relief requiring overtime pay in the future. We have also
been served with two other lawsuits purporting to be class actions filed in
California state courts in Orange and Fresno Counties by thirteen other former
and current employees. These lawsuits include similar claims to the San Diego
lawsuit, except that they also include claims for unfair business practices
which seek overtime from October 1994. The Orange County lawsuit initially
included claims for punitive damages and unlawful conversion, but the Court
subsequently dismissed both of these claims.
The three cases have been "coordinated" before one judge in San Diego
County. Discovery has been conducted by the parties. On January 20, 2000, as
amended on January 27, 2000, the judge issued an order allowing the coordinated
lawsuits to proceed as class actions, with class periods of May 1994 through
January 2000 for store managers and October 1994 through July 1997 for senior
assistant managers. We intend to seek to have this order reversed.
Although we cannot estimate the potential loss or range of loss at this
time, if these cases are permitted to proceed as class actions and are decided
against us, we continue to believe that the aggregate potential exposure could
be material to results of operations or cash flows for the year in which the
cases are ultimately decided. However, as previously disclosed, we do not
believe that such an adverse outcome, if it were to happen, would materially
affect our financial position, operations or cash flows in subsequent periods.
Although at this stage in the litigation it is difficult to predict its outcome
with any certainty, we believe that there are meritorious defenses to these
cases and intend to defend them vigorously.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this Current Report on Form 8-K to be
signed on its behalf by the undersigned hereunto duly authorized.
CSK AUTO CORPORATION
(Registrant)
By: /s/ Maynard Jenkins
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Name: Maynard Jenkins
Title: Chairman, and Chief Executive Officer
Dated: January 28, 2000
