UNITED STATES 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) JUNE 15, 1999 CATALINA LIGHTING, INC. - ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Florida 1-9917 59-1548266 - ------------------------------------------------------------------------------- (State or other jurisdiction of (Commission File (IRS Employer Identification incorporation) Number) No.) 18191 N.W. 68th Avenue, Miami, Florida 33015 - ------------------------------------------------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code (305) 558-4777 Not applicable - ------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) ITEM 5. OTHER EVENTS Catalina Lighting, Inc. (NYSE: ALTG@) announced that third quarter pre-tax results will be increased on a one time basis by $3.6 million due to the settlement of its lawsuit with its former Chief Executive Officer, John Browder. Under the terms of the settlement, Catalina agreed to pay Mr. Browder $1.5 million. This settlement will result in the reversal of $5.1 million accounted for as a charge against earnings in previous quarters. 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. CATALINA LIGHTING, INC. ----------------------- (Registrant) Date: June 22, 1999 BY: By: /s/ ROBERT HERSH -------------------- Robert Hersh Chairman, President and Chief Executive Officer