SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20552
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
February 21, 2006
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Date of Report
(Date of earliest event reported)
Synergy Financial Group, Inc.
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(Exact name of Registrant as specified in its Charter)
New Jersey 0-50467 52-2413926
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(State or other jurisdiction (File No.) (IRS Employer
of incorporation) Identification Number)
310 North Avenue East, Cranford, New Jersey 07016
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (800) 693-3838
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Not Applicable
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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
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
SYNERGY FINANCIAL GROUP, INC.
INFORMATION TO BE INCLUDED IN REPORT
ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On February 21, 2006, the Audit Committee of the Board of Directors of
Synergy Financial Group, Inc. (the "Company") approved the dismissal of Grant
Thornton LLP ("Grant Thornton") as the Company's independent certifying
accountant.
The reports of Grant Thornton on the consolidated financial statements of
the Company as of and for the fiscal years ended December 31, 2005 and 2004, did
not contain an adverse opinion or disclaimer of opinion and were not qualified
or modified as to uncertainty, audit scope, or accounting principles.
During the Company's fiscal years ended December 31, 2005 and 2004, and in
connection with the audit of the Company's consolidated financial statements for
such periods, and for the period from January 1, 2006 to February 21, 2006,
there were no disagreements or reportable events between the Company and Grant
Thornton on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which, if not resolved to
the satisfaction of Grant Thornton, would have caused Grant Thornton to make
reference to such matter in connection with its audit reports on the Company's
consolidated financial statements.
The Company has provided Grant Thornton with a copy of the above
disclosures in response to Item 304(a) of Regulation S-K in conjunction with the
filing of this Form 8-K. The Company requested that Grant Thornton deliver to
the Company a letter addressed to the Securities and Exchange Commission stating
whether it agrees with the statements made by the Company in response to Item
304(a) of Regulation S-K, and if not, stating the respects in which it does not
agree. Grant Thornton's letter is filed as Exhibit 16 hereto.
Effective February 21, 2006, the Company engaged Crowe Chizek and Company
LLC as its new independent certifying accountant. During the two most recent
fiscal years and the subsequent interim period to the date hereof, the Company
did not consult with Crowe Chizek and Company LLC regarding either (i) the
application of accounting principles to a specified transaction, either
completed or proposed or (ii) the type of audit opinion that might be rendered
on the Company's financial statements.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits:
Letter of concurrence from Grant Thornton, LLP
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, thereunto duly authorized.
SYNERGY FINANCIAL GROUP, INC.
Date: February 27, 2006 By: /s/ A. Richard Abrahamian
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A. Richard Abrahamian
Senior Vice President
and Chief Financial Officer