LAWSON PRODUCTS, INC. (NASDAQ:LAWS) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

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LAWSON PRODUCTS, INC. (NASDAQ:LAWS) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On May 16, 2017, the Board of Directors of Lawson Products, Inc. (the “Company”) approved an amendment of its Amended and Restated By-Laws. The amendment provides that, unless the Company consents in writing to the selection of an alternative forum, a state court located within the State of Delaware (or, if no state court located within the State of Delaware has jurisdiction, the federal district court for the District of Delaware) will be the exclusive forum for derivative suits and certain other actions, including any action asserting a claim of breach of a fiduciary owed by any director, officer or employee of the Company and any action asserting a claim against the Company or any director, officer or employee of the Company arising to any provision of the Delaware General Corporation Law. The amendment also provides for other immaterial changes, including changes to the notice provisions.
The foregoing summary does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Amended and Restated By-Laws, a copy of which is filed as Exhibit 3.1 hereto and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
3.1 Amended and Restated By-Laws of Lawson Products, Inc.

About LAWSON PRODUCTS, INC. (NASDAQ:LAWS)

Lawson Products, Inc. is a distributor of products and services the industrial, commercial, institutional and government maintenance, repair and operations (MRO) market. The Company’s product categories include fastening systems, fluid power, specialty chemicals, cutting tools and abrasives, electrical, aftermarket automotive supplies, safety, welding and metal repair, and other. The Company supplies a range of automotive products, including body hardware, body shop, brake/wheel, fleet/truck, repair harness assembly and other parts. The Company offers approximately 200,000 different core products for sale of which approximately 50,000 products are maintained in its distribution centers. The Company’s customers operate in a range of industries, including automotive repair, commercial vehicle maintenance, government, manufacturing, food processing, distribution, construction, oil and gas, mining, wholesale and service.

LAWSON PRODUCTS, INC. (NASDAQ:LAWS) Recent Trading Information

LAWSON PRODUCTS, INC. (NASDAQ:LAWS) closed its last trading session up +0.05 at 19.35 with 10,295 shares trading hands.