form8k-100789_lake.htm
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 27,
2009
__________________________________________
Lakeland Industries,
Inc.
(Exact
name of registrant as specified in its charter)
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Delaware
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0-15535
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13-3115216
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(State
or other jurisdiction
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(Commission
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(IRS
Employer
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of
incorporation)
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File
Number)
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Identification
No.)
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701 Koehler Avenue, Suite 7,
Ronkonkoma, New York 11779-7410
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code: (631)
981-9700
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:
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
4.01
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Changes
in Registrant’s Certifying
Accountant
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(a)
Previous independent accountant
On April
27, 2009, Lakeland Industries, Inc. (the “Company”) notified Holtz Rubenstein
Reminick LLP (“Holtz”) that effective April 27, 2009 the Company decided to
dismiss Holtz as the Company’s independent registered public accounting firm.
The decision to dismiss Holtz was made and approved by the Audit Committee of
the Board of Directors.
The audit
reports of Holtz on the Company’s financial statements for the fiscal years
ended January 31, 2009 and 2008 did not contain an adverse opinion or disclaimer
of opinion, nor were they qualified or modified as to uncertainty, audit scope,
or accounting principles.
During
the two most recent fiscal years and the subsequent interim period through April
27, 2009, the Company had no disagreements with Holtz on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure, which disagreement, if not resolved to their satisfaction
would have caused Holtz to make reference to the subject matter of the
disagreement in connection with its reports.
As
reported in the Auditors Report on Internal Controls over Financial Reporting
included in the Company’s Forms 10-K for the fiscal years ended January 31, 2009
and 2008, Holtz advised the Company that certain of its internal controls over
financial reporting were not effective.
The
Company has provided Holtz with a copy of the disclosures required by Item
304(a) contained in this Report on Form 8-K and has requested that Holtz furnish
the Company with a letter addressed to the SEC stating whether Holtz agrees with
the statements made by the registrant in this Form 8-K and, if not, stating the
respects in which it does not agree. A copy of Holtz’s letter dated April 28,
2009 is filed as Exhibit 16.1 to this Form 8-K.
(b) New
independent accountant
Effective
as of April 27 2009, the Company engaged Warren, Averett, Kimbrough & Marino
LLC (“Warren Averett”) as its new independent registered public accounting firm.
The decision to engage Warren Averett was made and approved by the Audit
Committee of the Board of Directors.
During
the two most recent fiscal years and through April 27, 2009, the Company has not
consulted with Warren Averett regarding either: (i) the application of
accounting principles to a specified transaction, either completed or proposed;
or the type of audit opinion that might be rendered on the Company’s financial
statements; or (ii) any matter that was either subject of a disagreement (as
that term is defined in Item 304(a)(1)(iv) of Regulation S-K) or a reportable
event (as that term is described in Item 304(a)(1)(iv) of Regulation
S-K).
ITEM
9.01 Financial
Statements and Exhibits
(d)
Exhibits. See
the Exhibit Index which is hereby incorporated by reference.
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.
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LAKELAND INDUSTRIES,
INC.
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Date April
28, 2009
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/s/ Gary
Pokrassa
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Gary
Pokrassa
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Chief
Financial Officer
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Exhibit
Index
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Exhibit
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Description
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16.1
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Letter
of Holtz Rubenstein Reminick LLP dated April 28,
2009
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