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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 20, 1997
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Choices Entertainment Corporation
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-17001 52-1529536
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(State or Other Jurisdiction (Commission (IRS Employer
Of Incorporation) File Number) Identification No.)
1930 E. Marlton Pike, Cherry Hill, NJ 08003
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (609) 751-4148
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
As previously reported, Choices Entertainment Corporation (the "Company")
was a defendant in a lawsuit filed against it on April 9, 1996, in the
Superior Court of California, County of Los Angeles, entitled Gary N. Gibbs,
et al. v. Choices Entertainment Corporation, et al., No. BC147815, in which
it was alleged that the Company made false and misleading statements in
public communications and in reports filed with the Securities and Exchange
Commission. Also named as defendants in the lawsuit were the members of the
then Board of Directors, a former director and certain others. Plaintiffs
sought monetary damages in the amount of $303,470, plus attorney's fees,
costs of suit and such other relief as the court deemed just.
A settlement of the lawsuit was concluded on November 20, 1997, without
any admission of fault, liability or wrongdoing, pursuant to which the
Company paid plaintiffs $87,000, and plaintiffs released the Company and the
other defendants and dismissed the lawsuit with prejudice as to all
defendants.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CHOICES ENTERTAINMENT CORPORATION
(Registrant)
Date: December 1, 1997 By:/s/ Ronald W. Martignoni
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Ronald W. Martignoni
Chief Executive Officer
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