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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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 8, 1996
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SUMMIT TECHNOLOGY, INC.
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(Exact Name of Registrant as Specified in Charter)
MASSACHUSETTS 0-16937 04-2897945
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
21 HICKORY DRIVE
WALTHAM, MASSACHUSETTS 02154
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(Address of Principal Executive Offices)
Registrant's telephone number, including area code (617) 890-1234
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ITEM 5. OTHER EVENTS.
During the period October 8, 1996 through and including the date hereof,
the Company has been served with four shareholder actions in addition to those
described in its Registration Statement on Form S-3 (No. 333-03765) as amended
("Registration Statement"). These actions, listed below, are pending in the
United States District Court for the District of Massachusetts.
HYMAN V. SUMMIT TECHNOLOGY, INC., ET AL., Civil Action No. 96-11976-JLT
AITKEN, ET AL. V. SUMMIT TECHNOLOGY, INC., ET AL., Civil Action
No. 96-11977-JLT
WALLANDER V. SUMMIT TECHNOLOGY, INC., ET AL., Civil Action No. 96-12031-JLT
MERLINO V. SUMMIT TECHNOLOGY, INC., ET AL., Civil Action No. 96-12044-JLT
Plaintiffs in these actions claim to have been purchasers of the
Company's common stock at various times between May, 1995 and July, 1996.
Plaintiffs bring claims under Sections 10(b) and 20(a) of the Securities
Exchange Act of 1934 that are substantially similar to the claims brought in
the ten actions identified in the Registration Statement. The Company believes
that the allegations in these complaints are without merit and it intends to
defend the actions vigorously.
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SIGNATURE
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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.
SUMMIT TECHNOLOGY, INC.
By: /s/ D. Verne Sharma
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D. Verne Sharma
President and Chief Executive Officer
Date: October 16, 1996