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 20, 2000
STEVEN MADDEN, LTD.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 0-23702 13-3588231
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(STATE OR OTHER (COMMISSION (IRS EMPLOYER
JURISDICTION OF FILE NUMBER) IDENTIFICATION NO.)
FORMATION)
52-16 BARNETT AVENUE, LONG ISLAND CITY, NEW YORK 11104
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (718) 446-1800
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(FORMER NAME OR FORMER ADDRESS, IF CHANGES SINCE LAST REPORT)
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ITEM 5. OTHER EVENTS.
On June 20, 2000, Steven Madden, the Registrant's former Chairman and
current Chief Executive Officer, was indicted in the Southern District and
Eastern District of New York. The indictments allege that Mr. Madden engaged in
securities fraud and money laundering activities. In addition, the Securities
and Exchange Commission (the "SEC") filed a complaint in the United States
District Court for the Eastern District of New York alleging that Mr. Madden
violated Section 17(a) of the Securities Act of 1933, as amended, and Section
10(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
Neither the indictments nor the SEC complaint alleges any wrongdoing by
the Registrant or its other officers and directors. Mr. Madden has denied any
improper conduct and has advised the Registrant that he will vigorously defend
himself against any and all charges.
On June 21, 2000, a class action lawsuit was filed in United States
District Court for the Eastern District of New York against the Registrant,
Steven Madden, Rhonda Brown, a director and the President and Chief Operating
Officer of the Registrant, and Arvind Dharia, a director and the Chief Financial
Officer of the Registrant, seeking remedies under the Exchange Act. Several
other similar actions have been filed against the Registrant.
On June 21, 2000, Steven Madden temporarily resigned as Chairman of the
Board of Directors and the Registrant appointed Charles Koppelman as acting
Chairman of the Board. Mr. Koppelman has been a director of the Registrant since
June 1998. Mr. Madden continues to serve as the Registrant's Chief Executive
Officer.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA INFORMATION AND EXHIBITS.
(c) Exhibits
1. Press Release of the Registrant dated June 20, 2000.
2. Press Release of the Registrant dated June 21, 2000.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly authorized and caused the undersigned to sign this
Report on the Registrant's behalf.
STEVEN MADDEN, LTD.
By: /s/ STEVEN MADDEN
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Steven Madden
Chief Executive Officer
Dated: June 28, 2000
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