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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of earliest event reported): April 25, 2000
CARVER BANCORP, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-21487 13-3904174
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
75 WEST 125TH STREET
NEW YORK, NEW YORK 10027-4512
(212) 876-4747
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: (212) 876-4747
NOT APPLICABLE
(Former name or former address, if changed since last report)
ITEMS 1-4, 6, 8 AND 9. NOT APPLICABLE.
ITEM 5. OTHER EVENTS.
On April 25, 2000, Carver Bancorp, Inc. ("Carver"), announced the
ruling of the Chancery Court of Delaware in connection with a partial summary
judgment motion in the action encaptioned BBC CAPITAL MARKET, INC. VS. CARVER
BANCORP, INC. ET AL. Carver's press release, dated April 25, 2000, is attached
hereto as Exhibit 99, and is incorporated herein by reference.
The original action was filed on January 19, 2000 in connection with
Carver's issuance of two series of convertible voting preferred stock to Morgan
Stanley & Co. Inc. and Provender Opportunities Fund, L.P. on January 11, 2000
and the annual meeting of Carver's stockholders for the fiscal year ended March
31, 1999. In part, BBC Capital Market, Inc., the plaintiff in the action and
holder of approximately 7.38% of Carver's outstanding shares (based on publicly
available information), seeks the placement of its two nominees, Kevin Cohee and
Teri Williams, on Carver's Board of Directors and also seeks to rescind the
issuance of the preferred stock.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
EXHIBIT NO. DESCRIPTION
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99 Press Release, dated April 25, 2000, announcing
ruling
SIGNATURES
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 hereunto duly authorized.
CARVER BANCORP, INC.
By: /s/ Deborah C. Wright
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Deborah C. Wright
President and Chief Executive Officer
Date: April 26, 2000