UNITED STATES
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 19, 1999
BENCHMARK ELECTRONICS, INC.
(Exact name of registrant as specified in its charter)
TEXAS 1-10560 74-2211011
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
3000 TECHNOLOGY DRIVE, ANGLETON, TEXAS 77515
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (409) 849-6550
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ITEM 5. OTHER EVENTS.
Benchmark Electronics, Inc. today made the press release attached
hereto as Exhibit 99.1
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
The following materials are filed as an exhibit to this Current
Report on Form 8-K.
EXHIBIT
NUMBER DESCRIPTION
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99.1 Press Release dated November 19, 1999.
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S I G N A T U R E
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.
BENCHMARK ELECTRONICS, INC.
Dated: November 23, 1999 By: /s/ GAYLA J. DELLY
Gayla J. Delly
Treasurer
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EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
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99.1 Press Release dated November 19, 1999.
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EXHIBIT 99.1
PRESS RELEASE
FOR MORE INFORMATION CALL:
CARY T. FU
EXECUTIVE VICE PRESIDENT
BENCHMARK ELECTRONICS, INC.
(409) 849-6550
FOR IMMEDIATE RELEASE
BENCHMARK ELECTRONICS, INC. BECOMES
SUBJECT TO CLASS ACTION LITIGATION
ANGLETON, Texas, November 23, 1999 -- Benchmark Electronics, Inc. (NYSE/BHE)
announced today that a class action lawsuit has been commenced in federal
district court in Houston, Texas on behalf of persons who purchased securities
of Benchmark during the period from August 10, 1999 through October 21, 1999.
The lawsuit alleges violations of the federal securities laws and names as
defendants Benchmark and two of its officers and directors. The lawsuit refers
to Benchmark's October 18 press release delaying its third quarter earnings
announcement and its October 22 press release announcing its earnings for the
third quarter. The lawsuit seeks to recover unspecified damages. In addition,
Benchmark understands that a second class action suit making similar allegations
also has been filed in federal district court in Houston, Texas. These lawsuits
are in their preliminary stages and discovery has not commenced. Benchmark
denies the allegations in the lawsuits, however, and further denies that such
allegations provide a basis for the recovery of damages as Benchmark believes
that it has made all required disclosures on a timely basis. Benchmark intends
to vigorously defend against these actions.
Benchmark Electronics, Inc. is a leading independent provider of
electronics manufacturing and engineering services to original equipment
manufacturers in select industries, including telecommunications; enterprise
computer and peripherals; high-end video/audio/entertainment; industrial
control, testing and instrumentation; and medical device markets. Benchmark's
global operations include 14 facilities in 8 countries. Benchmark's Common Stock
trades on the New York Stock Exchange under the symbol BHE.
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