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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): December 1, 1994
NL INDUSTRIES, INC.
(Exact name of registrant as specified in charter)
New Jersey 1-640 13-5267260
(State or other jurisdiction (Commission File No.) (Employer
of incorporation) Identification No.)
3000 N. Sam Houston Parkway East, Houston, Texas 77032
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (713) 987-5000
Not Applicable
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
Reference is made to the Company's Annual Report on Form 10-K for the
year ended December 31, 1994 for a description of previously reported
litigation.
Jackson v. The Glidden Co., et al. In December 1994, an intermediate
Ohio appellate court reversed the previously reported grant of defendants'
motion to dismiss this case. Defendants are evaluating an appeal to the
Supreme Court of Ohio. If the appellate decision is not reversed, the case
will be remanded to the trial court for further pretrial proceedings.
On December 1, 1994, the Registrant issued the press release attached
hereto as Exhibit 99.1 and incorporated herein in its entirety by this
reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(C) EXHIBITS
(i) Exhibit 99.1. Press Release dated December 1, 1994.
* * * * *
SIGNATURE
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.
NL INDUSTRIES, INC.
(Registrant)
/s/ Dennis G. Newkirk
_______________________________
Dennis G. Newkirk
Vice President & Controller
Dated: December 9, 1994
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Joseph S. Compofelice
(713) 423-3332
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
VERDICT IN FAVOR OF NL
HOUSTON, TEXAS -- December 1, 1994 -- NL Industries, Inc. (NYSE:NL)
announced today that a jury sitting in a Pennsylvania state court reached a
verdict in favor of NL in a class action suit. NL stated that plaintiffs in
the action had sought compensatory and punitive damages for personal injury and
property damage from NL and the current owner of a lead plant for injuries
allegedly caused by emissions from the plant. The current owner of the plant
settled the case prior to the jury being charged.
NL stated that the action had been brought on behalf of a class of
over 7,500 persons who resided or worked near the plant from 1960 through the
present. NL sold the plant to its current owner in 1979.
NL understands that the plaintiffs will have 30 days following an
entry of a judgment in NL's favor to appeal the decision. NL intends to
vigorously defend any appeal as well as any other attempts by the plaintiffs to
disturb the jury's verdict.
NL Industries, Inc. is a major international producer of titanium
dioxide pigments and specialty chemicals.
