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 23, 1997
BARRETT BUSINESS SERVICES, INC.
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(Exact name of registrant as specified in its charter)
Maryland 0-21886 52-0812977
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
4724 SW Macadam Avenue, Portland, Oregon 97201
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (503) 220-0988
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Item 5. Other Events.
On April 23, 1997, Barrett Business Services, Inc. reported that its
farm and forest labor contractor license was reinstated by the State of Oregon.
An administrative law judge has withdrawn the final order on default of April 4,
1997 entered by the Oregon Bureau of Labor and Industries. The judge's ruling
will allow Barrett to present its case at a hearing to evaluate the merits of
the State's administrative complaint.
Barrett had reported on April 8, 1997 that its farm and forest labor
contractor license had been revoked by the State of Oregon through a default
judgment and an assessment of $488,000 in civil penalties. The State alleged
certain deficiencies related to written documentation evidencing that the terms
and conditions of employment and workers' rights and remedies had been properly
communicated to employees.
Accompanying this report as Exhibit 99 is a copy of the news
release, dated April 23, 1997 in which Barrett announced the reinstatement of
its farm and forest labor contractor license through the withdrawal of the final
order on default of April 4, 1997 entered by the Oregon Bureau of Labor and
Industries.
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Item 7. Financial Statements and Exhibits.
(c) Exhibits
Exhibit 99 News Release of Barrett Business Services,
Inc. dated April 23, 1997
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SIGNATURE
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 thereunto duly authorized.
DATED: April 24, 1997 Barrett Business Services, Inc.
By: /s/ Michael D. Mulholland
Michael D. Mulholland
Vice President - Finance
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EXHIBIT INDEX
Exhibit
99 News Release of Barrett Business
Services, Inc. dated April 23, 1997
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NEWS RELEASE
For Immediate Release
Contact: William W. Sherertz
President and
Chief Executive Officer
Telephone: (503) 220-0988
BARRETT BUSINESS SERVICES, INC.
ANNOUNCES REINSTATEMENT OF ITS
FARM AND FOREST LABOR CONTRACTOR LICENSE
PORTLAND, OREGON, April 23, 1997 - Barrett Business Services, Inc.
(Nasdaq trading symbol: "BBSI") announced today that its farm and forest labor
contractor license was reinstated by the State of Oregon. An administrative law
judge has withdrawn the final order on default of April 4, 1997 entered by the
Oregon Bureau of Labor and Industries. The judge's ruling will allow Barrett to
present its case at a hearing to evaluate the merits of the State's
administrative complaint.
Barrett had reported on April 8, 1997 that its farm and forest labor
contractor license had been revoked by the State of Oregon through a default
judgment and an assessment of $488,000 in civil penalties. The State alleged
certain deficiencies related to written documentation evidencing that the terms
and conditions of employment and workers' rights and remedies had been properly
communicated to employees.
Chief Executive Officer William W. Sherertz stated, "This reinstates
our farm and forest labor contractor license and provides the Company the
opportunity to comprehensively respond to the State's allegations. The
administrative law judge is to be commended on his ruling to allow the case to
be evaluated on its merits."
Barrett Business Services, Inc. is a human resource management
company with offices in Washington, Oregon, Idaho, California, Arizona,
Michigan, Maryland and Delaware. Barrett reported revenues of $215.8 million and
net income of $5.0 million for 1996.
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