SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): June 10, 2002
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INSITUFORM TECHNOLOGIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-10786 13-3032158
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
702 Spirit 40 Park Drive, Chesterfield, Missouri 63005
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number,
including area code (636) 530-8000
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Item 4. Changes in Registrant's Certifying Accountant.
On June 10, 2002, the Board of Directors of Insituform Technologies,
Inc. ("Insituform"), based on the recommendation of its Audit Committee,
authorized the dismissal of Arthur Andersen LLP ("Andersen") as Insituform's
independent public accountants and authorized the engagement of
PricewaterhouseCoopers LLP ("PWC") to serve as Insituform's independent public
accountants for the 2002 fiscal year.
Andersen's reports on Insituform's consolidated financial statements
for each of the years ended 2001 and 2000 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 years ended December 31, 2001 and 2000 and through the date
of this Form 8-K, there were no disagreements with Andersen on any matter of
accounting principle or practice, financial statement disclosure, or auditing
scope or procedure which, if not resolved to Andersen's satisfaction, would have
caused them to make reference to the subject matter in connection with their
report on Insituform's consolidated financial statements for such years; and
there were no reportable events as defined in Item 304(a)(1)(v) of Regulation
S-K.
Insituform provided Andersen with a copy of the foregoing disclosures.
Attached as Exhibit 16 is a copy of Andersen's letter, dated June 10, 2002,
stating its agreement with such statements.
During the years ended December 31, 2001 and 2000 and through the date
of this Form 8-K, Insituform did not consult PWC with respect to the application
of accounting principles to a specified transaction, either completed or
proposed, or the type of audit opinion that might be rendered on Insituform's
consolidated financial statements, or any other matters or reportable events as
set forth in Items 304(a)(2)(i) and (ii) of Regulation S-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
See the Index to Exhibits attached hereto.
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.
INSITUFORM TECHNOLOGIES, INC.
By: /s/ Joseph A. White
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Joseph A. White
Vice President and Chief Financial Officer
Date: June 10, 2002
INDEX TO EXHIBITS
These exhibits are numbered in accordance with the Exhibit Table of Item 601 of
Regulation S-K.
Exhibit Description
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1 Not applicable.
2 Not applicable.
4 Not applicable.
16 Letter from Arthur Andersen LLP to the Securities and
Exchange Commission dated June 10, 2002.
17 Not applicable.
20 Not applicable.
23 Not applicable.
24 Not applicable.