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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
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Date of Report (Date of earliest event reported): August 17, 1999
MANUGISTICS GROUP, INC.
(Exact name of issuer as specified in its charter)
Delaware 0-22154 52-1469385
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification Number)
2115 East Jefferson Street
Rockville, Maryland 20852
(Address of principal executive offices and zip code)
(301) 984-5000
(Registrant's telephone number, including area code)
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Item 5. Other events.
On August 17, 1999, Manugistics Group, Inc. (the "Company") issued a
press release announcing that the United States District Court for the District
of Maryland issued an Order dismissing the previously reported class action
complaint against the Company, its chairman, and its chief financial officer
alleging violations of the federal securities laws (D. Md. Civil No. S 98-1881
August 6, 1999). The court dismissed the complaint for failure to state a claim
upon which relief can be granted.
A copy of the press release appears as Exhibit 99 to this Report and is
incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
The following is filed as an Exhibit to this Report:
Exhibit Number Description
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99 Press Release dated August 17, 1999.
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SIGNATURE
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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, in the City of Rockville, State of
Maryland, on the 17th day of August, 1999.
MANUGISTICS GROUP, INC.
By: /s/ Peter Q. Repetti
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Peter Q. Repetti
Senior Vice President and
Chief Financial Officer
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EXHIBIT INDEX
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Exhibit Number Description
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99 Press Release dated August 17, 1999.
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Contacts: Helen Nastasia
Manugistics
301-984-5000
Immediate Release
MANUGISTICS ANNOUNCES DISMISSAL OF
CLASS ACTION LAWSUIT
Rockville, Md -- Aug. 17, 1999 -- Manugistics Group, Inc. (Nasdaq: MANU), today
announced that the United States District Court for the District of Maryland has
issued an Order dismissing the class action complaint against the Company, its
chairman, and its chief financial officer, alleging violations of the federal
securities laws. This complaint was filed in early 1998. As previously
reported by the Company, the plaintiffs' claims were based principally upon
alleged omissions and misrepresentations regarding the Company's business,
operations, and financial condition. The court found that the complaint failed
to state a legally sufficient claim.
"When these lawsuits were first filed last year, I stated that `Manugistics
believes that it and its officers have always acted with integrity and in
compliance with their disclosure obligations'," said William M. Gibson, chairman
of Manugistics. "We are gratified with the court's decision. We intend to put
this matter behind us and focus on our mission of being the leading software
provider of supply chain solutions."
(more)
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Manugistics Announces Dismissal of Class Action Lawsuit Page 2 of 2
Headquartered in Rockville, Md, Manugistics Group, Inc. is a leading
provider of solutions for customer-centric supply chain optimization. The
company's solutions are used by nearly 900 companies to improve the flow of
product within and among companies from raw materials or parts through
manufacturing to delivery of product to the end customer. Manugistics' solutions
uniquely allow its clients to create and optimize their supply chains around
their customers and are designed to be quickly implemented, adapt easily to
change, and deliver rapid results. Clients using the Manugistics' solutions
include leading companies such as Campbell Soup, Compaq, DuPont, General
Electric, Harley-Davidson, Mobil, Nestle, Timberland, United Distillers and
Vintners, and Wal-Mart.
# # #
Manugistics, the Manugistics logo, and working as one are registered trademarks
of Manugistics, Inc. All other product or company names mentioned are used for
identification purposes only, and may be trademarks of their respective owners.
Additional information about Manugistics can be found at the company's site on
the World Wide Web, at http://www.manugistics.com.