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): MARCH 29, 2006
TECHTEAM GLOBAL, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-16284 38-2774613
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File No.) Identification No.)
27335 West 11 Mile Road
Southfield, Michigan 48034
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (248) 357-2866
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(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:
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230 .425)
[x] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.02 CORPORATE GOVERNANCE AND MANAGEMENT
On April 4, 2006, TechTeam Global, Inc. (the
"Company") issued a press release announcing, among other
things, that David W. Morgan, the Company's Vice President -
Finance & Business Development, Chief Financial Officer, and
Treasurer, had been suspended by the Company on March 29,
2006. Mr. Morgan resigned as an employee and officer of the
Company effective April 1, 2006. The press release also
announced the Company is conducting an investigation into
the potential leak of confidential information by Mr. Morgan
outside the Company.
The Company further stated that potential
misconduct by the Company's Chief Financial Officer did not
relate to the Company's financial statements, and therefore,
the integrity of the Company's financial statements is not
in question.
A copy of the press release is attached as Exhibit
99.1 to this Current Report on Form 8-K and is incorporated
herein by reference.
ITEM 8.01 OTHER EVENTS AND REGULATION FD DISCLOSURE
On April 4, 2006, TechTeam Global, Inc. issued a
press release regarding the status of negotiations of a
potential settlement with Costa Brava Partnership III, L.P.
See also Item 5.02.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(D) THE FOLLOWING EXHIBITS ARE INCLUDED WITH THE REPORT
EXHIBIT 99.1 TechTeam Global, Inc. Press Release dated April 4, 2006.
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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.
TECHTEAM GLOBAL, INC.
By /s/ Michael A. Sosin
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Michael A. Sosin
Vice President, General Counsel
and Secretary
Date: April 4, 2006
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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99.1 TechTeam Global, Inc. Press Release dated April 4, 2006.
E-1