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: February 7, 2003
(Date of earliest event reported)
CHEROKEE INC.
(Exact name of Registrant as specified in its Charter)
Delaware |
1-18640 |
95-4182437 | ||
(State or Other Jurisdiction of Incorporation or Organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
6835 Valjean Avenue
Van Nuys, California 91406
(Address of Principal Executive Offices, including Zip Code)
(818) 908-9868
(Registrants telephone number, including area code)
Item 5.
Cherokee Inc. announced today that it filed a Petition to Confirm Final Arbitration Award and Enter Judgment with respect to the the Final Award in favor of Cherokee, Inc. issued on January 17, 2003 against Mossimo, Inc. (NASDAQ:MOSS). The final arbitration award held that Cherokee shall recover from Mossimo all finders fees withheld under the finders agreement, interest at the legal rate on all monies previously withheld, and Cherokees full attorneys costs. It also reaffirmed the validity of the original finders agreement between Cherokee Inc. and Mossimo Inc. Presently, interest on the Final Arbitration award accrues at the statutory rate of over $5,000 per week. Mossimo, Inc. filed a Petition to Vacate Award of Arbitrators. Cherokee, Inc. continues to believe Mossimos position is without merit, but there can be no assurance that the Final Arbitration Award will be entered as judgment by the court.
ITEM 7. Exhibits.
Exhibit No. |
Description | |
99.1 |
Press Release dated February 7, 2003 |
ITEM 9. Registration FD Disclosure.
On February 7, 2003, Cherokee Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
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.
CHEROKEE INC. | ||||||
Date: February 7, 2003 |
By: |
/s/ KYLE B. WESCOAT | ||||
Name: Kyle B. Wescoat | ||||||
Title: Chief Financial Officer |