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): May 30, 2003
STAAR SURGICAL COMPANY
(Exact name of registrant as specified in its charter)
Delaware 0-11634 95-3797439
(State or other jurisdiction (Commission File Number) (I.R.S. Employer Identification No.)
of incorporation or organization)
1911 Walker Avenue, Monrovia, California 91016
(Address of principal executive offices) (Zip Code)
(626) 303-7902
(Registrant's telephone number, including area code)
Item 4. Changes in Registrant's Certifying Accountant
(a) On May 30, 2003, STAAR Surgical Company (the "Company") notified BDO
Seidman, LLP that it would not be retained by the Company to perform the audit
of the financial statements of the Company for the fiscal year ending January 2,
2004. BDO Seidman, LLP had served as the Company's principal independent
accountants since 1993. The decision not to retain BDO Seidman, LLP was made by
the Audit Committee of the Board of Directors of the Company and, upon
recommendation by that committee, was approved by the full Board of Directors.
The reports of BDO Seidman, LLP on the Company's financial statements for
each of the last two completed fiscal years contained no 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 interim period through the
date of this report, the Company had no disagreement with BDO Seidman, LLP on
any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreement, if not resolved
to the satisfaction of BDO Seidman, LLP, would have caused them to make
reference to such disagreement in their reports for such periods.
During the two most recent fiscal years and the interim period through the
date of this report, there have been no reportable events (as defined in
Regulation S-K, Item 304(a)(1)(v)).
The Company provided BDO Seidman, LLP with a copy of the above disclosures
and requested that they furnish us with a letter addressed to the Securities and
Exchange Commission stating whether it agrees with the above statements and, if
not, stating the respects in which it does not agree. A copy of the letter from
BDO Seidman, LLP is attached to this report as Exhibit 16.
(b) The Company has selected McGladrey & Pullen, LLP as independent
accountants to audit the Company's financial statements for the fiscal year
ending January 2, 2004. The selection of McGladrey & Pullen, LLP was made by the
Audit Committee of the Board of Directors of the Company and, upon
recommendation by that committee, was approved by the full Board of Directors.
During the two most recent fiscal years of the Company and the subsequent
interim period prior to the selection of McGladrey & Pullen, LLP, the Company
has not consulted with McGladrey & Pullen, LLP regarding any of the matters set
forth in Item 304(a)(2)(i)-(ii) of Regulation S-K.
Item 7. Financial Statements and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) Exhibits. The following is a list of exhibits filed as a part of this
report.
Exhibit Number Description
-------------- -----------
16.1 Letter of BDO Seidman, LLP regarding change in independent
auditors.
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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 thereunto duly authorized.
STAAR SURGICAL COMPANY
Date: June 6, 2003 By: /s/ John Bily
_____________________________
John Bily
Chief Financial Officer
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