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) June 14, 2000
Commerce Group Corp.
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(Exact name of registrant as specified in its charter)
Wisconsin 1-7375 39-1942961
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
6001 North 91st Street, Milwaukee, Wisconsin 53225-1795
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (414) 462-5310
fax: (414) 462-5312
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ITEM 5. OTHER EVENTS MATERIAL DISCLOSURE
On June 14, 2000, Commerce Group Corp.'s legal counsel filed a complaint
in the State of Wisconsin, Circuit Court, Milwaukee County, Case No.
00CV004805, Money Judgment: 30301, on behalf of Ecomm Group Inc. (a
51%-owned Commerce Group Corp. subsidiary) and Commerce Group Corp., as
plaintiffs, against Interactive Business Channel (IBC) and Matthew
Marcus, as an individual, both of Irvine California, as defendants.
Included in this complaint are the following three causes of action: the
first cause of action is the breach of contract; the second cause of
action is the breach of fiduciary duty; and the third cause of action is
the rescission of the contract and return of compensation.
The plaintiffs demand judgment against the defendants as follows: for
actual damages in an amount to be determined at trial; for punitive
damages in an amount to be determined at trial; for rescission of the
transaction and return to the plaintiffs of 49% of the common stock of
Ecomm Group Inc. represented by 96 common shares and for the return of
500,000 Commerce Group Corp. common shares, par value ten cents per
share, issued as compensation for the services of IBC and Mr. Matthew
Marcus; and for actual attorney's fees, the costs and disbursements of
this action, and any further relief the Court deems equitable and just.
A copy of the said complaint, referred to as Exhibit A, is attached to
this filing.
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.
COMMERCE GROUP CORP.
(Registrant)
/s/ Edward L. Machulak
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Date: June 14, 2000 By: Edward L. Machulak, President
