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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) August 9, 1995
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DEL LABORATORIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-5439 13-1953103
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State or other juris- (Commission (IRS Employer
diction of incorporation File Number) Identification
Number)
565 Broad Hollow Road, Farmingdale, New York 11735
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(Address of principal executive office)
Registrant's telephone number, including area code (516) 293-7070
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ITEM 5. OTHER EVENTS.
On August 9, 1995, two stockholder derivative actions were filed in the
State of Delaware Chancery Court against the Registrant and members of its Board
of Directors. One action also names a former director and a person mistakenly
named as a director. Plaintiffs have moved to consolidate these actions. The
actions allege breach of fiduciary duty and waste of corporate assets by the
directors in connection with the Registrant's response to and the investigation
of claims by former employees of sexual harassment made against the Registrant
and the settlement on August 3, 1995 of a lawsuit brought by the Equal
Employment Opportunity Commission against the Registrant on behalf of the former
employees (the "EEOC Lawsuit"). The derivative actions seek restitution of
amounts paid in connection with the defense and settlement of the EEOC Lawsuit
and certain other relief. The Registrant believes that there is no basis for
the allegations made in these derivative actions.
SIGNATURE
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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 thereunto duly authorized.
DEL LABORATORIES, INC.
By:/s/ Dan K. Wassong
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Dan K. Wassong
Chairman
Dated: September 5, 1995
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