<PAGE> 1
================================================================================
UNITED STATES
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 9, 1998 (December 29, 1997)
-----------------------------------
COMPREHENSIVE CARE CORPORATION
(Exact name of registrant as specified in Charter)
Delaware 0-5751 95-2594724
- --------------------------------------------------------------------------------
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1111 Bayside Drive, Suite 100, Corona del Mar, California 92625
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
(714) 222-2273
- --------------------------------------------------------------------------------
(Registrant's telephone number, including area code)
--------------------
================================================================================
<PAGE> 2
ITEM 5. OTHER EVENTS
------------
On December 29, 1997, Ms. Kerri Ruppert, the former Chief Financial
Officer of the Company, commenced an action against the Company and its
Chairman, Chriss W. Street, in the Superior Court of the State of California
arising out of the termination of her employment on September 29, 1997. The
action alleges alternate causes of action based upon her employment relationship
with the Company and seeks unspecified damages for unpaid wages, unspecified
actual, compensatory and punitive damages; damages for emotional distress; and
costs, legal fees and penalties under applicable California law. The action is
only in its formative stages, and the time within which the Company is required
to answer has not expired. The Company intends to deny its liability, and to
deny the principal allegations of the complaint. The Company believes that it
has good and meritorious defenses to this action.
-2-
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report on Form 8-K to be signed on its behalf
by the undersigned hereunto duly authorized.
COMPREHENSIVE CARE CORPORATION
By: /s/ CHRISS W. STREET
-----------------------------
Chriss W. Street, Chairman, President
and Chief Executive Officer
Dated: January 9, 1998
-3-
