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): September 24, 2015

 

 

ACI WORLDWIDE, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   0-25346   47-0772104

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

3520 Kraft Rd, Suite 300

Naples, FL 34105

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (239) 403-4600

(Former Name or Former Address, if Changed Since Last Report) N/A

 

 

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 September 24, 2015, a jury verdict was returned against ACI Worldwide Corp., a subsidiary of ACI Worldwide, Inc. (the “Company”), for $43.8 million in connection with counterclaims brought in a lawsuit involving BHMI, Inc. (“BHMI”) in the District Court of Douglas County, Nebraska. Previously, the Company had sued BHMI for the misappropriation of the Company’s trade secrets in a jury trial, and the jury found that the Company had not met its burden of proof regarding these claims. BHMI then asserted counterclaims for breach of a non-disclosure agreement, tortious interference and violation of the Nebraska anti-monopoly statute, all of which were alleged to arise out of the Company’s filing of its claim. On September 24, 2015, the jury found for BHMI on its three claims and awarded $43.8 million in damages. The court has yet to determine whether BHMI will be awarded any attorneys fees and costs. The Company disagrees with the results and intends to appeal the dismissal of the claims against BHMI and the verdict in favor of BHMI on its counterclaims.


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.

 

    ACI WORLDWIDE, INC.
Dated: September 24, 2015     By:  

/s/ Dennis P. Byrnes

      Dennis P. Byrnes
      Executive Vice President, Chief Administrative Officer, General Counsel and Secretary