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): March 15, 2006
CHAPARRAL RESOURCES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-7261 84-0630863
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2 Gannett Drive, Suite 418, 77032
White Plains, New York -----
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (866) 559-3822
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 (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. OTHER EVENTS.
On March 24, 2006, Chaparral Resources, Inc. ("Chaparral") became aware of
an additional complaint filed in connection with the previously announced
proposed merger of Chaparral with a subsidiary of Lukoil Overseas Holding
Limited (`Lukoil"). On March 15, 2006, Robert J. Feeney filed a complaint
against Chaparral, LUKOIL and the directors of Chaparral (collectively, the
"defendants") in the Court of Chancery in the State of Delaware in and for New
Castle County. The complaint requests, among other things, that the suit be
designated a class action in favor of stockholders, that the proposed merger of
Chaparral with a subsidiary of Lukoil be enjoined and that in the event the
proposed merger is consummated, that the proposed merger be rescinded and set
aside or the plaintiff be awarded unspecified rescissory damages. The complaint
also requests an unspecified amount for costs, including fees of plaintiff's
counsel and experts. Chaparral believes that the lawsuit is without merit and
intends to defend vigorously against the action. This summary and description of
the Robert J. Feeney complaint is qualified in its entirety by reference to the
complaint, which has been filed as Exhibit 99.1 and is incorporated herein by
this reference.
Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
99.1 Complaint filed in the Court of Chancery in the State of Delaware in
and for New Castle County, captioned Robert J. Feeney v. Chaparral
Resources, Inc., LUKOIL Overseas Holding, Ltd, Oktay Movsumov, Dmitri
Timoshenko, Boris S. Zilbermints, Peter G. Dilling, and Alan D.
Berlin, Civil Action No. 2009-N, filed March 15, 2006.
SIGNATURE
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.
Date: March 27, 2006 CHAPARRAL RESOURCES, INC.
By: /s/ Alan D. Berlin
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Alan D. Berlin
Director and Secretary