<PAGE> 1
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)
DECEMBER 13, 1995
-----------------
FERROFLUIDICS CORPORATION
-------------------------------------------------
(Exact name of registrant as specified in charter)
MASSACHUSETTS 0-10734 02-0275185
------------- -------------------- ----------
(State or other jurisdiction (Commission file number) (IRS employer
of incorporation) identification no.)
40 SIMON STREET, NASHUA, NEW HAMPSHIRE 03061
---------------------------------------------------
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (603) 883-9800
--------------
There are 3 pages in this Report, including exhibits.
<PAGE> 2
Item 4. Changes in Registrant's Certifying Accountant
- -----------------------------------------------------
On December 13, 1995, the Company engaged Ernst & Young LLP as the
independent accountants to examine and report upon the Company's financial
statements for the current fiscal year ending June 30, 1996. For the fiscal
year ended June 30, 1995 and several years prior thereto, Coopers & Lybrand LLP
had examined and reported upon the Company's financial statements and had
served as the Company' s independent accountants.
The change in accountants followed a decision by management and the
Audit Committee, approved by the Board of Directors, that it was in the
interest of the Company to periodically review the relationship between the
Company and its independent accounting firm with respect to services provided
and fees charged. The Audit Committee solicited and received proposals from,
and interviewed, Ernst & Young LLP, Coopers & Lybrand LLP and another major
accounting firm concerning audit and certain tax services to be provided during
the current fiscal year, prior to making the decision to terminate the
engagement of Coopers & Lybrand LLP and to engage Ernst & Young LLP.
2
<PAGE> 3
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 thereunto duly authorized.
FERROFLUIDICS CORPORATION
Date: December 14, 1995 By: /s/ Paul F. Avery, Jr.
-----------------------------------
Paul F. Avery, Jr.
Chief Executive Officer
