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) May 23, 2001
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STEVEN MADDEN, LTD.
(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)
Item 5. Other Events.
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On May 23, 2001, Steven Madden, the founder and Chief Executive Officer
of Steven Madden, Ltd. (the "Company"), entered into a plea agreement with the
U.S. Attorney's Office related to the federal charges filed against him in June
2000. In addition, Mr. Madden reached a separate settlement agreement with the
Securities and Exchange Commission. As a result, effective as of July 1, 2001,
Mr. Madden will resign as the Company's Chief Executive Officer and will become
the Company's Creative and Design Chief and in addition, will resign from the
Company's Board of Directors at that time. It is expected that Mr. Madden will
be sentenced in September 2001 and will return to work for the Company as its
Creative and Design Chief following his incarceration. Under the agreement with
the SEC, Mr. Madden has agreed to not serve as an officer or director of a
publicly traded company for 7 years.
In connection with these events, the Company has postponed its annual
meeting of stockholders from May 25, 2001 to July 10, 2001.
Item 7. Financial Statements, Pro Forma Information and Exhibits.
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(c) Exhibit
1. Press Release of the Registrant dated May 23, 2001.
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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: May 24, 2001
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