Matrixx Initiatives 8-K 2010
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) September 2, 2010
MATRIXX INITIATIVES, INC.
(State or Other Jurisdiction of Incorporation)
(Registrants Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Matrixx Initiatives (the Company) previously reported that it had reached an agreement in principle to settle, subject to court approval, all 18 of the various nationwide and statewide claims for economic injury filed against the Company. See the Companys Report on Form 8-K filed August 20, 2010.
Erroneous press reports recently indicated that the settlement was rejected by the Federal Judge handling the Companys Multi-District Litigation in Federal Court in the District of Arizona. The agreement in principle to settle the litigation was not rejected; rather, in an order issued on August 26, 2010, the Judge rejected, as a procedural matter, dismissal of the economic injury claims from the Multi-District Litigation and transfer of the settlement approval process to another court.
The agreement in principle to settle the litigation remains in effect while the parties explore appropriate procedural steps to effectuate the settlement.
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: September 3, 2010