Technical Olympic USA, Inc. (Form: 8-K)  

 

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):   December 13, 2006

Technical Olympic USA, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 001-32322 76-0460831
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
4000 Hollywood Blvd., Suite 500 N, Hollywood, Florida   33021
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   954-364-4000

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:

[  ]  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))

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Item 8.01 Other Events.

On December 13, 2006, Technical Olympic USA, Inc. ("TOUSA") issued a press release announcing that a class action lawsuit has been filed against it in the United States District Court for the Southern District of Florida on behalf of purchasers of TOUSA's common stock during the period between August 1, 2005 and November 6, 2006. The complaint alleges that TOUSA and certain of its executive officers violated the Securities Exchange Act of 1934, as amended. TOUSA believes the action is without merit and intends to vigorously defend the lawsuit.





Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. Press Release, dated December 13, 2006, of Technical Olympic USA, Inc.





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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.

         
    Technical Olympic USA, Inc.
          
December 13, 2006   By:   /s/ Randy L. Kotler
       
        Name: Randy L. Kotler
        Title: Senior Vice President, Interim Chief Financial Officer and Chief Accounting Officer

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Exhibit Index


     
Exhibit No.   Description
 
99.1
  Press Release, dated December 13, 2006, of Technical Olympic USA, Inc.