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NAVR > SEC Filings for NAVR > Form 8-K/A on 7-Nov-2012All Recent SEC Filings

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Form 8-K/A for NAVARRE CORP /MN/


7-Nov-2012

Regulation FD Disclosure


Item 7.01. Regulation FD Disclosure.

On October 29, 2012, Navarre Corporation (the "Company") filed a Form 8-K and advised shareholders that, among other things, on October 16, 2012, a purported class action on behalf of Navarre shareholders relating to the transactions contemplated by the SpeedFC Merger Agreement was filed in the United States District Court for the District of Minnesota against the Company, the Board of Directors, the Company's acquisition subsidiary and SpeedFC, Inc. entitled Helene Gottlieb v. Richard S. Willis, et al. The lawsuit generally alleged that the Board breached its fiduciary duties and violated disclosure requirements, and the plaintiff sought unspecified damages and equitable relief.

On October 24, 2012, the plaintiff filed a motion for a preliminary injunction, and a hearing occurred on November 1, 2012.

On November 7, 2012, the court denied the plaintiff's motion for a preliminary injunction.


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