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)
October 26, 2005
QUALITY SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
CALIFORNIA 0-13801 95-2888568
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification Number)
18191 Von Karman, Suite 450
Irvine, California 92612
(Address of Principal Executive Offices)
(949) 255-2600
(Registrant's Telephone Number, Including Area Code)
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
After the close of business on October 26, 2005, the Company learned that
a lawsuit has been filed against the Company and six of its eight directors by
Ahmed Hussein, a director and significant shareholder of the Company. The
complaint names the Company and individual directors, Patrick Cline, Maurice
DeWald, Vincent Love, Steven Plochocki, Sheldon Razin and Louis Silverman.
Director Ibrahim Fawzy was not named as a defendant.
Filed in the Superior Court for Orange County, California, the complaint
alleges that in connection with the Company's 2005 Annual Shareholders' Meeting,
the certified results from the independent inspector of election included
certain proxies that should not have been included in the final vote tabulation.
The independent inspector of election has certified the election of the
Company's eight directors (as previously announced) after hearing Mr. Hussein's
claim concerning this matter.
The Company believes that Mr. Hussein's claims lack merit and that the
results certified by the independent inspector of elections are conclusive of
this matter. The Company intends to defend itself vigorously.
Statements made in this report that state the Company's intentions, hopes,
beliefs, expectations or predictions of the future, may constitute
"forward-looking statements" within the meaning of Section 21E of the Securities
and Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking
statements are not guarantees of future performance or results. They involve
risks, uncertainties and assumptions. It is important to note that any such
actual results could differ materially from those expressed in such
forward-looking statements and the Company does not undertake to update its
views concerning such.
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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.
Date: October 27, 2005
QUALITY SYSTEMS, INC.
By: /s/ Paul Holt
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Paul Holt
Chief Financial Officer
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