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): April 26, 2011
BankAtlantic Bancorp, Inc.
(Exact name of registrant as specified in its charter)
| Florida |
001-13133 |
65-0507804 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 2100 West Cypress Creek Road, |
33309 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant’s telephone number, including area code: 954-940-5000
Not Applicable
(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 (see General Instruction A.2. below):
| ¨ | 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 8.01 | Other Events. |
On April 26, 2011, BankAtlantic Bancorp, Inc. (the “Company”) issued a press release announcing that the presiding judge for the United States District Court for the Southern District of Florida granted the Company’s motion for judgment as a matter of law and entered judgments in favor of the defendants as to all of the plaintiffs’ claims in the shareholder class action brought against the Company and certain of its directors and executive officers. The Company previously disclosed that the jury in the lawsuit returned a verdict in favor of shareholders who purchased shares of the Company’s Class A Common Stock during the period from April 26, 2007 to October 26, 2007. The plaintiffs alleged that the Company and the other named defendants knowingly and/or recklessly made misrepresentations of material fact regarding BankAtlantic, the Company’s federal savings bank subsidiary, in violation of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.
A copy of the Company’s press release announcing the judge’s decision is attached hereto as Exhibit 99.1.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
99.1 – Press release dated April 26, 2011
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: April 26, 2011 | BANKATLANTIC BANCORP, INC. | |||
| By: | /s/ Valerie C. Toalson | |||
| Valerie C. Toalson | ||||
| Executive Vice President - Chief Financial Officer | ||||
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press release dated April 26, 2011 | |