<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): November 4, 1994
----------------
CML GROUP, INC.
----------------------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Delaware
----------------------------------------------------------------------
(State or Other Jurisdiction of Incorporation)
0-12628 04-2451745
------------------------- ---------------------------------------
(Commission File Number) (I.R.S. Employer Identification No.)
524 Main Street, Acton, Massachusetts 01720
----------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
(508) 264-4155
----------------------------------------------------------------------
(Registrant's Telephone Number, Including Area Code)
Not Applicable
----------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
Exhibit Index begins on page 4.
Page 1 of 5 pages.
<PAGE> 2
ITEM 5. OTHER EVENTS.
-------------
On November 4, 1994, CML Group, Inc. (the "Company") announced the
filing of a class action lawsuit in the United States District Court for the
District of Massachusetts against the Company and Charles M. Leighton and G.
Robert Tod, the Chairman and President of the Company, respectively. The
Company issued the press release attached as Exhibit (99) hereto regarding the
lawsuit.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
----------------------------------
(a) Financial Statements of Business Acquired.
------------------------------------------
Not applicable.
(b) Pro Forma Financial Information.
--------------------------------
Not applicable.
(c) Exhibits.
---------
(99) Press Release dated November 4, 1994.
- 2 -
<PAGE> 3
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 hereunto duly authorized.
Date: November 16, 1994 CML GROUP, INC.
(Registrant)
/s/ Glenn E. Davis
---------------------------
By: Glenn E. Davis
Vice President and
Controller
- 3 -
<PAGE> 4
<TABLE>
INDEX TO EXHIBITS
<CAPTION>
Exhibit
Number Page No.
- - ------- --------
<S> <C> <C>
(99) Press Release dated November 4, 1994. 5
</TABLE>
- 4 -
<PAGE> 1
Exhibit 99
------- --
CML NEWS RELEASE
- - --------------------------------------------------------------------------------
524 Main Street
Acton, Massachusetts 01720
Telephone: (508) 264-4155
CONTACT: Nancy Wang
Vice-President, Investor Relations
508-264-4155
FOR IMMEDIATE RELEASE
- - ---------------------
November 4, 1994
Acton, Mass., November 4, 1994--CML Group, Inc. (NYSE: CML), announced
today the filing of a class action lawsuit in the U.S. District court for the
District of Massachusetts against the company and its Chairman, Charles M.
Leighton, and President, G. Robert Tod, by four purported stockholders, Mark
Levine, Stan Ferraro, Jack Rosenthal and Michael Bradwell, owning an aggregate
of 2,400 shares. The complaint alleges that the company failed to properly
disclose the extent of its NordicTrack advertising expenditures and the impact
of those expenditures on its future operating results, and constituted
misleading statements regarding the company's business and operations in
violation of federal securities laws.
Responding to the lawsuit, Mr. Leighton stated that "the complaint
contains factually incorrect statements, the allegations are without merit, and
the defendants intend to vigorously contest the lawsuit."
- 5 -
