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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): October 22, 1996
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COMPREHENSIVE CARE CORPORATION
(Exact name of registrant as specified in Charter)
DELAWARE 0-5751 95-2594724
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1111 BAYSIDE DRIVE, SUITE 100, CORONA DEL MAR, CALIFORNIA 92625
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(Address of principal executive offices) (zip code)
(714) 222-2273
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
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The Company had previously reported that it filed a complaint on
October 30, 1992, in the United States District Court for the Eastern District
of Missouri against RehabCare Corporation ("RehabCare") seeking damages for
violations by RehabCare of the securities laws of the United States, for common
law fraud and for breach of contract (Case No. 4:92CV002194 CAS). The case was
tried before a jury commencing on February 21, 1995. On March 8, 1995, the jury
returned its verdict awarding the Company $2,681,250 in damages, plus interest
and the costs of the action against RehabCare for securities fraud and for
breach of contract. RehabCare posted a bond and, on September 1, 1995, filed a
notice of appeal with District Court indicating its intent to appeal the matter
to the United States Court of Appeals.
On October 22, 1996, the United States Court of Appeals for the Eighth
Circuit reversed the judgement in favor of the Company and against RehabCare
Corporation entered by the United States District Court following the jury's
verdict in favor of the Company. The Company intends to seek a rehearing by the
panel of the Eighth Circuit Court of Appeals that issued the decision.
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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.
COMPREHENSIVE CARE CORPORATION
(Registrant)
By: /s/ Kerri Ruppert
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Kerri Ruppert, Senior Vice President and
Chief Financial Officer
(Principal Financial and Accounting Officer)
Dated: November 4, 1996
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