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 report) October 9, 1997
Lundgren Bros. Construction, Inc.
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(Exact name of registrant as specified in charter)
Minnesota 33-58934 41-0970679
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
935 East Wayzata Boulevard, Wayzata, Minnesota 55391
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (612) 473-1231
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(Former name or former address, if changed since last report.)
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Item 4. Changes in Registrant's Certifying Accountant.
On October 9, 1997, the Registrant dismissed Coopers & Lybrand L.L.P.
as its accountant. Coopers & Lybrand L.L.P. was the independent accountant who
was engaged as principal accountant to audit the Registrant's financial
statements for the Registrant's two most recent completed fiscal years. The
decision to change accountants was recommended and approved by the Board of
Directors of the Registrant.
The reports of Coopers & Lybrand L.L.P. on the financial statements of
the Registrant for the past two fiscal years did not contain an adverse opinion
or a disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope or accounting principles.
In connection with the audits of the Registrant's financial statements
for the two most recent fiscal years and through October 9, 1997, there were no
disagreements with Coopers & Lybrand L.L.P. on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreement, if not resolved to the satisfaction of Coopers &
Lybrand L.L.P., would have caused it to make reference to the subject matter of
the disagreement in connection with its report.
During the Registrant's two most recent fiscal years and through
October 9, 1997 there were no "reportable events" as described in Item
304(a)(1)(v) of Regulation S-K.
During the two most recent fiscal years, the Registrant has not
consulted with another accountant regarding the application of accounting
principles to a specified transaction, either completed or proposed, or the type
of audit opinion that might be rendered on the Registrant's financial
statements, or any matter described above.
The Registrant has requested of, and received from, Coopers & Lybrand L.L.P. a
letter, addressed to the Commission, stating whether it agrees with the above
statements. A copy of that letter is filed herewith. See Exhibit Index.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
LUNDGREN BROS. CONSTRUCTION, INC.
Dated: October 15, 1997 By: /s/Peter Pflaum
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Peter Pflaum
President
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EXHIBIT INDEX
16.1 Letter from Coopers and Lybrand L.L.P. regarding change in certifying
accountant.
EXHIBIT 16.1
[COOPERS & LYBRAND LETTERHEAD]
October 14, 1997
Securities and Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read the statements made by Lundgren Bros. Construction, Inc. (copy
attached), which we understand will be filed with the Commission, pursuant to
Item 4 of Form 8-K, as part of the Company's Form 8-K report for the month of
October, 1997. We agree with the statements concerning our Firm in such Form
8-K.
Very truly yours,
/s/ Coopers & Lybrand L.L.P.
BJL:km-W53
Enclosure
