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): March 23, 2007

 

 

Watson Wyatt Worldwide, Inc.

(Exact name of registrant as specified in its charter)

 

 

Commission File Number:  001-16159

 

Delaware

 

52-2211537

(State or other jurisdiction of

 

(IRS Employer

incorporation)

 

Identification No.)

 

901 N. Glebe Road

Arlington, Virginia 22203

(Address of principal executive offices, including zip code)

 

 

(703) 258-8000

(Registrant’s telephone number, including area code)

 

 

(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:

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 7.01 Regulation FD

The Company has entered into a settlement with the Trustees of the Iron Workers, Local No. 25 Pension Fund, of a previously disclosed lawsuit related to actuarial services provided to the Fund during the 1990s.  While the Company does not acknowledge any wrongdoing, the Company agreed to resolve the claim given the unpredictability of litigation.  Under the terms of the settlement, a payment of $110 million will be made to the Fund, the total amount of which is covered by the Company’s professional liability insurance. The settlement will have no impact on the Company’s financial statements.

The information contained in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, and shall not be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the Securities Exchange Act of 1934 or the Securities Act of 1933, whether made before or after the date hereof and irrespective of any general incorporation language.




SIGNATURE

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.

 

 

 

WATSON WYATT WORLDWIDE, INC.

 

 

 

 

 

 

Date: March 23, 2007

 

/s/  Carl D. Mautz

 

 

 

Carl D. Mautz

 

 

Vice President and Chief Financial Officer