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) October 18, 2002
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MORGAN GROUP HOLDING CO.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 333-73996 13-4196940
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(State or other (Commission File (IRS Employer
Jurisdiction of Number) Identification)
Incorporation)
401 Theodore Fremd Avenue, Rye, New York 10580
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(Address of Principal Executive Offices Zip Code)
Registrant's Telephone Number, Including Area Code: 914-921-1877
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ITEM 5. Other Events and Regulation FD Disclosure.
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Morgan Group Holding Co. is a holding company that has a 64.2%
ownership interest and a 77.6% voting interest in The Morgan Group, Inc.
On October 18, 2002, The Morgan Group, Inc., and two of its
operating subsidiaries (collectively, the "Debtors") filed voluntary petitions
under Chapter 11 of the United States Bankruptcy Code (the "Cases") in the
United States Bankruptcy Court for the Northern District of Indiana, South Bend
Division. The Debtors intend to conduct an orderly liquidation of their assets.
The Cases have been assigned to Judge Harry C. Dees and designated
as case numbers 02-36046 (The Morgan Group, Inc.), 02-36049 (Morgan Drive Away,
Inc., a subsidiary of The Morgan Group, Inc.) and 02-36050 (TDI, Inc., a
subsidiary of The Morgan Group, Inc.). The Cases have been consolidated and will
be administered jointly pursuant to an order of the Bankruptcy Court entered
October 23, 2002. Each of the Debtors continues to manage its property as a
Debtor-in-Possession pursuant to sections 1107(a) and 1108 of the Bankruptcy
Code. The Morgan Group, Inc., ceased operations on October 3, 2002, when its
liability insurance expired and it was unable to secure replacement insurance.
Effective October 15, 2002, the shares of The Morgan Group, Inc.,
Class A Common Stock were delisted from the American Stock Exchange. The stock
exchange determined that The Morgan Group, Inc.'s Class A Common Stock no longer
satisfied Sections 1002, 1003 and 1009 of the listing rules.
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SIGNATURE
Pursuant to requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this current report to be signed on its behalf by the
undersigned hereunto duly authorized.
MORGAN GROUP HOLDING CO.
/s/Robert E. Dolan
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Robert E. Dolan
Chief Financial Officer
Date: November 1, 2002
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