Form 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

 

October 22, 2003 (Date of earliest event reported)    Commission file number: 0-23329

 


 

Charles & Colvard, Ltd.

(Exact name of registrant as specified in its charter)

 

North Carolina   56-1928817

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

 

3800 Gateway Boulevard, Suite 310

Morrisville, North Carolina 27560

(Address of principal executive offices)

(Zip code)

 

(919) 468-0399

(Registrant’s telephone number, including area code)

 



Item 12.   Results of Operations and Financial Condition

 

On October 22, 2003, Charles & Colvard, Ltd. issued a joint press release with C. Eric Hunter and his wife, Jocelyn Hunter, announcing the settlement of all claims made by the Hunters in their lawsuit against the Company pending in the U.S. District Court for the Middle District of North Carolina and its affect on the Company’s fiscal 2003 third quarter Results of Operations. A copy of this press release is attached as Exhibit 99.1.

 


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, thereunto duly authorized.

 

Charles & Colvard, Ltd.
By:   /s/ James R. Braun
 
   

James R. Braun

Vice President of Finance and

Chief Financial Officer

Date:  October 23, 2003