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BELFA > SEC Filings for BELFA > Form 8-K on 27-Nov-2013All Recent SEC Filings

Show all filings for BEL FUSE INC /NJ

Form 8-K for BEL FUSE INC /NJ


Other Events, Financial Statements and Exhibits


On November 25, 2013, Bel Fuse Inc. (the "Company") issued a press release announcing that its joint petition for certiorari with the United States Supreme Court in the SynQor, Inc. v. Artesyn Technologies, Inc., et al. lawsuit, originally brought in the United States District Court, Eastern District of Texas in November 2007, has been denied. Accordingly, Bel has paid to SynQor, Inc. previously awarded damages plus interest, totaling $10.9 million. Of this amount, $8.1 million was recorded by Bel as a litigation charge in its consolidated statement of operations for the fourth quarter of 2010; $1.9 million is covered through an indemnification agreement with one of Bel's customers; and $0.6 million was recorded as an expense by the Company during the second quarter of 2011. A copy of this press release is being filed as Exhibit 99.1 to this Current Report on Form 8-K.


(d) Exhibits

As described in Item 8.01 of this Report, the following Exhibit is filed as part of this Current Report on Form 8-K:

99.1 Press Release of Bel Fuse Inc. dated November 25, 2013.

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