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UNITED STATES
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): May 30, 2003
TITAN INTERNATIONAL, INC.
(Exact name of Registrant as specified in its Charter)
ILLINOIS 1-12936 36-3228472
(State of Incorporation) (Commission File Number) (I.R.S. Employer
Identification No.)
2701 SPRUCE STREET, QUINCY, IL 62301
(Address of principal executive offices, including Zip Code)
(217) 228-6011
(Registrant's telephone number, including area code)
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INFORMATION TO BE INCLUDED IN THIS REPORT
Items 1 through 4, item 6 and items 8 through 10 are inapplicable and are
omitted from this Report.
Item 5. OTHER EVENTS
The Shareholder Derivative Lawsuit, Merrill Beck, et al. vs Maurice M.
Taylor, Jr., et al., and Titan International, Inc., Derivative Action No.
00-L-30, (the "Litigation"), filed by three former United Steelworkers of
America of Local 164, who were on strike at the time of the filing, June 20,
2000, was dismissed with prejudice on May 30, 2003 by the Court. The San Diego
law firm of Milberg, Weiss, Bershad, Hynes & Lerach represented the Plaintiffs.
The Plaintiffs originally demanded over $400 million; all claims asserted by
Plaintiffs in this Litigation were dismissed with prejudice and each party to
the Litigation shall bear their own costs, attorney's fees and Litigation
expenses. The Stipulation of Dismissal terms are attached in Exhibits 99(a),
99(b), and 99(c).
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable
(b) Not applicable
(c) Exhibits
99(a) Stipulation of Dismissal Terms / Cause No. 00-L-30
99(b) Tab 1 / Motion for Voluntary Dismissal
99(c) Tab 2 / Order of Dismissal with Prejudice
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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.
TITAN INTERNATIONAL, INC.
(Registrant)
Date: June 2, 2003 By: /s/ Kent W. Hackamack
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Kent W. Hackamack
Vice President of Finance and Treasurer
(Principal Financial Officer and
Principal Accounting Officer)
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EXHIBIT INDEX
Exhibit No. Description
99(a) Stipulation of Dismissal Terms / Cause No. 00-L-30
99(b) Tab 1 / Motion for Voluntary Dismissal
99(c) Tab 2 / Order of Dismissal with Prejudice
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