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) July 21, 2005

 

LaBRANCHE & CO INC.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware

 

001-15251

 

13-4064735

(State or Other Jurisdiction
of Incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

 

 

 

 

One Exchange Plaza, New York, New York

 

10006

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:      (212) 425-1144

 

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 (see General Instruction A.2 below):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

Item 1.01.  Entry into a Material Definitive Agreement.

 

On July 21, 2005, the Compensation Committee of the Board of Directors of LaBranche & Co Inc. (the “Company”) exercised its discretion to authorize the payment by the Company of mid-year 2005 cash bonuses to the following named executive officers of the Company in the amounts set forth opposite their respective names:

 

Name and Title

 

Amount of
Bonus

 

 

 

 

 

Michael LaBranche
Chairman, Chief Executive Officer and President

 

$

600,000

 

 

 

 

 

Alfred O. Hayward, Jr.
Executive Vice President, Chief Executive Officer of
LaBranche & Co. LLC

 

$

400,000

 

 

 

 

 

William J. Burke, III
Secretary and Chief Executive Officer of
LaBranche Financial Services, Inc.

 

$

230,000

 

 

Item 2.02.  Results of Operations and Financial Condition.

 

On July 26, 2005, LaBranche & Co Inc. issued a press release announcing its financial results for the second quarter and six months ended June 30, 2005.  A copy of this press release is furnished herewith as Exhibit 99.1.

 

The information in this Current Report, including the news release attached hereto, is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to liabilities of that Section.

 

Item 9.01 Financial Statements and Exhibits.

 

(c) Exhibits.

 

99.1                           Press release issued by LaBranche & Co Inc. dated July 26, 2005.

 

 

All other Items of this report are inapplicable.

 

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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.

 

 

 

LaBRANCHE & CO INC.

 

 

Date: July 26, 2005

By:

  /s/ Jeffrey M. Chertoff

 

 

Name: Jeffrey M. Chertoff

 

Title: Senior Vice President and Chief Financial Officer

 

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EXHIBIT INDEX

 

Exhibit No.

 

Description of Exhibit

 

 

 

99.1

 

Press release issued by LaBranche & Co Inc. dated July 26, 2005.

 

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