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 18, 2002
| Specialty Laboratories, Inc. (Exact name of registrant as specified in charter) |
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| California (State or other jurisdiction of incorporation) |
001-16217 (Commission File Number) |
95-2961036 (IRS Employer Identification No.) |
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| 2211 Michigan Avenue, Santa Monica, California (Address of principal executive offices) |
90404 (Zip Code) |
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Registrant's telephone number, including area code (310) 828-6543
(Former name or former address, if changed since last report.) |
On June 18, 2002 Specialty Laboratories, Inc., (the "Registrant") announced a reduction in workforce totaling approximately 10% as part of an overall restructuring plan. The plan involves all areas and levels of the company.
The Registrant anticipates reporting significant one-time charges in the second quarter of 2002 related to (i) the restructuring plan and (ii) costs associated with personnel-licensing and regulatory requirements.
A copy of the press release issued by the Registrant on June 18, 2002 concerning the foregoing matter is filed herewith as Exhibit 99.1 and is incorporated herein by reference.
ITEM 7 FINANCIAL STATEMENTS AND EXHIBITS
| 99.1 | Press Release dated June 18, 2002. | |
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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 thereunto duly authorized.
| Specialty Laboratories, Inc. | |||||
| Date: June 19, 2002 | By: | /s/ FRANK J. SPINA Frank J. Spina, Chief Financial Officer |
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Exhibits The following document is filed as an exhibit to this report:
| 99.1 | Press Release dated June 18, 2002. |