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): April 6, 2000
Penn Treaty American Corporation
--------------------------------
(Exact name of registrant as specified in its charter)
Pennsylvania 0-15972 23-1664166
------------ ------- ----------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3440 Lehigh Street, Allentown, Pennsylvania 18103
-------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (610) 965-2222
Not Applicable
--------------
(Former name or former address, if changed since last report)
Item 5. Other Events.
The Registrant today reported that on Thursday, April 6, 2000, the Montgomery
County, Pennsylvania, Court of Common Pleas entered a jury verdict against one
of the Registrant's former subsidiaries in a case captioned Edward Gray versus
Penn Treaty Life Insurance Company. Under the case, which was filed November 3,
1995, a jury awarded a compensatory judgement of $24,000 and a punitive award of
$2,000,000 in favor of the plaintiff. The Registrant, on behalf of its former
subsidiary, is vigorously pursuing all of its legal rights and remedies to
reverse or substantially reduce this award, including motion for remittiter,
post trial motions and appeal.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PENN TREATY AMERICAN CORPORATION
By: /s/ Cameron B. Waite
----------------------------------------------
Cameron B. Waite, Chief Financial Officer
Date: April 12, 2000
