SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OF 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) November 9, 2000
THE OHIO ART COMPANY
(Exact name of registrant as specified in its charter)
OHIO 34-4319140
(STATE OR OTHER JURISDICTION (I.R.S. EMPLOYER IDENTIFICATION NO.)
OF INCORPORATION OR ORGANIZATION)
PO BOX 111, BRYAN, OHIO 43506
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
Registrant's telephone number, including area code (419) 636-3141
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Item 4. Changes in Registrant's Certifying Accountant
On November 3, 2000, The Ohio Art Company was informed that its independent
accountants, PricewaterhouseCoopers LLP (PwC), had sold their Fort Wayne,
Indiana practice to Crowe, Chizek and Company LLP (CC). Effective November 3,
2000, the Company terminated its appointment of PwC as the Company's principal
accountants.
The Audit Committee of the Company's Board of Directors and the full Board of
Directors approved Crowe, Chizek and Company LLP as its principal accountants.
PwC was engaged by the Company on May 1, 2000. Although PwC has not reported on
any financial statements of the Company, during the period from May 1, 2000 to
November 3, 2000 there were no disagreements between the Company and PwC on any
matters of accounting principles or practices, financial statement disclosure,
scope or procedure which disagreements, if not resolved to the satisfaction of
PwC, would have caused them to make reference to the subject matter of the
disagreements in connection with their report.
Attached as an exhibit to this Form 8-K is a letter from PwC indicating their
response to the statements made by the Company in this Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(C) EXHIBITS - THE FOLLOWING EXHIBIT IS FILED HEREWITH:
EXHIBIT NUMBER DOCUMENT
16 LETTER, DATED NOVEMBER 9, 2000
FROM PRICEWATERHOUSECOOPERS LLP
TO THE SECURITIES AND EXCHANGE COMMISSION
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 hereunto duly authorized.
THE OHIO ART COMPANY
DATE: NOVEMBER 9, 2000 BY: /S/WILLIAM C. KILLGALLON
WILLIAM C. KILLGALLON
CHAIRMAN OF THE BOARD
AND PRINCIPAL EXECUTIVE OFFICER
