8-K - Litigation Settlement

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): May 16, 2016



BANKRATE, INC.

(Exact name of registrant as specified in its charter)





Delaware

 

1-35206

 

65-0423422

(State or other jurisdiction of
incorporation or organization)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)



477 Madison Avenue, Suite 430

New York, New York 10022

(Address of principal executive offices)



(917)  368-8600 

(Registrant’s telephone number, including area code)



N/A

(Former name or former address, if changed since last report)



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:



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 8.01Other Events.



On May 17, 2016, Bankrate, Inc. (“Bankrate”) issued a press release relating to a proposed agreement, subject to court approval, to settle the private securities class action litigation currently pending against Bankrate, certain of its current and former officers and certain other defendants. A copy of the press release is attached to this report as Exhibit 99.1 and incorporated by reference herein.



Item 9.01Financial Statements and Exhibits.



(d)Exhibits.



The following exhibit is filed herewith:



99.1Press release dated May 17, 2016








 

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.



 

 

 

 

 

Date:  May 20,  2016

BANKRATE, INC.
 

 

 

By:  

/s/ James R. Gilmartin

 

 

 

James R. Gilmartin

SVP, General Counsel and Corporate Secretary