-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Vh2mYJv4gvndDGpLwGuxUNQTKtYtO2C4BKSXdfStm1GliFCYLVbHqKm/NnCAgc8a hI7awoA18471b7G9vGL2+Q== 0000912057-95-008266.txt : 19951004 0000912057-95-008266.hdr.sgml : 19951004 ACCESSION NUMBER: 0000912057-95-008266 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950927 ITEM INFORMATION: Changes in registrant's certifying accountant FILED AS OF DATE: 19951003 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEE PHARMACEUTICALS CENTRAL INDEX KEY: 0000058411 STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844] IRS NUMBER: 952680312 STATE OF INCORPORATION: CA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07335 FILM NUMBER: 95578218 BUSINESS ADDRESS: STREET 1: 1444 SANTA ANITA AVE CITY: SOUTH EL MONTE STATE: CA ZIP: 91733 BUSINESS PHONE: 8184423141 MAIL ADDRESS: STREET 2: 1444 SANTA ANITA AVENUE CITY: SOUTH EL MONTE STATE: CA ZIP: 91733 FORMER COMPANY: FORMER CONFORMED NAME: LEE INDUSTRIES INC DATE OF NAME CHANGE: 19720113 8-K 1 8-K 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 September 27, 1995 (Date of earliest event reported) LEE PHARMACEUTICALS (exact name of registrant as specified in its character) CALIFORNIA (State or other jurisdiction of incorporation) 1-7335 95-2680312 - ------------------------ ------------------------------------ (Commission File Number) (IRS Employer Identification Number) 1444 Santa Anita Avenue, South El Monte, California 91733 (Address of principal executive offices) (Zip Code) (818) 442-3141 (Registrant's telephone number, including area code) ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNT (a) Jeffery, Corrigan & Shaw, Certified Public Accountants, were engaged as the Registrant's principal independent accountants for the year ended September 30, 1995, on September 27, 1995. Prior to the date, Meir & Meir had been the Registrant's principal independent accountants. (b) In connection with its audit for the most recent year and through September 27, 1995, there have been no disagreements with Meir & Meir on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements if not resolved to the satisfaction of Meir & Meir would have caused them to make reference in connection with their report to the subject matter. (c) The report of Meir & Meir on the financial statements for the past year contained no adverse opinion or disclaimer of opinion and were not qualified as to uncertainty, audit scope, or accounting principle. (d) A letter dated September 29, 1995, addressed to the Commission from the Registrant's former independent accountants stating whether or not they agree with the statements made by the Registrant herein is filed as Exhibit 16 hereto. (e) The decision to change independent accountants was approved by the Board of Directors of the Registrant. The Registrant does have an audit committee. (f) The Company has been informed by Meir & Meir that information has come to their attention that made them conclude that the scope of the audit should be expanded to include an expert opinion regarding the environmental issues the Company is involved with. The finding of such expert may materially impact the fairness or reliability of the previously issued audit reports or the underlying financial statements, or the financial statements to be issued covering the fiscal periods subsequent to the date of the most recent audited financial statements (including information that might preclude the issuance of an unqualified report). (g) The request by Meir & Meir to include the expert opinion in the fiscal 1995 audit was not the basis for the Company's change of independent accountants. The Company is involved in various matters involving environmental cleanup issues. SEE the Company's Annual Report on Form 10-KSB for the fiscal year ended September 30, 1994, and the Company's Quarterly Reports on Form 10-QSB for the fiscal quarters ended December 31, 1994, and March 31 and June 30, 1995. The Company believes that the ultimate outcome of these matters cannot presently be determined. Accordingly, no provision for any loss that may result from the resolution of these matters has been made in the financial statements of the Company. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits. 16. Letter re change in certifying accountant. 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. LEE PHARMACEUTICALS Date: September 29, 1995 By: RONALD G. LEE ----------------------- --------------------------- RONALD G. LEE PRESIDENT Date: September 29, 1995 By: MICHAEL L. AGRESTI ----------------------- --------------------------- MICHAEL L. AGRESTI VICE PRESIDENT - FINANCE EX-16 2 EXHIBIT 16 EXHIBIT 16 September 29, 1995 Securities and Exchange Commission Mail Stop 9-5 450 5th Street, N.W. Washington, D.C. 20549 Dear Sirs/Madams: We have read and agree with the comments in Items 4(b), (c), (d), (f) and sentence two of Item 4(a) of Form 8-K of Lee Pharmaceuticals dated September 29, 1995. We have no basis to comment on Item 4(e), (g) and sentence one of Item 4(a). Yours truly, Meir & Meir -----END PRIVACY-ENHANCED MESSAGE-----