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): April 5, 2019
Rave Restaurant Group, Inc.
(Exact name of registrant as specified in its charter)
|
Missouri
|
0-12919
|
45-3189287
|
||
|
(State or other jurisdiction of incorporation)
|
(Commission File Number)
|
(IRS Employer Identification No.)
|
|
3551 Plano Parkway, The Colony, Texas
|
75056
|
|
|
(Address of principal executive offices)
|
(Zip Code)
|
Registrant’s telephone number, including area code: (469) 384-5000
Rave Restaurant Group, Inc.
(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):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure
On April 5, 2019, Rave Restaurant Group, Inc. (the “Company”) issued a press release concerning a security incident that could affect the
payment card information of some customers who made purchases at certain Pie Five Pizza locations in late 2018. A copy of the press release is attached as Exhibit 99.1. Due to the limited nature of the security incident and the Company’s cyber
insurance coverage, the Company does not expect this security incident to have a material adverse effect on its results of operations, cash flows or financial condition for any fiscal period.
Item 9.01 Financial Statements and
Exhibits
|
(d)
|
Exhibits.
|
| 99.1 |
Rave Restaurant Group, Inc. press release dated April 5, 2019.
|
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.
|
RAVE RESTAURANT GROUP, INC.
|
||||
|
Date: April 5, 2019
|
By:
|
/s/ SCOTT CRANE
|
||
|
Scott Crane
|
||||
|
Chief Executive Officer
|
||||
|
(Principal Executive Officer)
|
||||
Exhibit 99.1
 |
MEDIA ALERT
|
Contact: Jami Zimmerman, Champion Management
972.930.9933; jzimmerman@championmgt.com
Pie Five Notifies Customers Of Payment Card Security Incident
Notice of Data Breach
DALLAS (April 5, 2019) – Pie Five Pizza recently became aware of a security incident that could affect the payment card information of some
customers who made purchases at certain Pie Five Pizza locations in late 2018. It is important to note that no sensitive personal information, such as social security number or personally identifying information, was affected in this incident.
As a precaution, we are providing this notice to make potentially affected customers aware of the incident and provide information on steps they can take to help protect themselves. We take the security of our customers’ information very
seriously and deeply regret any inconvenience or concern this may cause.
What Happened?
Pie Five Pizza was recently alerted to a potential security incident. Based upon an extensive forensic investigation, it appears that an unauthorized
individual was able to gain access to and install malicious software designed to capture payment card information on some of our payment processing systems at a limited number of our locations. Although we do not store payment card information
on our systems, based on the forensic investigation, it appears that the malicious software was able to capture card information data in real time as card information was being entered into our systems. To find out if your Pie Five location was
impacted, please visit www.piefivepizza.com/paymentcardsecurity for a list of affected locations. Please note that this incident did not affect any purchases made on
www.piefivepizza.com.
What Information Was Involved?
Based on our investigation to date, we believe the malicious software could have affected payment card data – including name, payment card account number,
card expiration date, and card verification code – of some customers who used a payment card at affected Pie Five locations. The incident did not affect Social Security numbers, customer addresses, or any other sensitive personal information.
Although not all transactions were affected, the forensic investigation has indicated that this incident may have impacted certain individuals who made payment card purchases between September 6, 2018, and December 2, 2018, however the exact
dates vary from location to location. Please visit www.piefivepizza.com/paymentcardsecurity for a listing of the affected locations, the dates each location had
affected transactions, and additional information on steps consumers can take to help protect themselves.
What We Are Doing?
We take the security of our customers’ information very seriously and, once we learned of this incident, we took immediate action including initiating an
internal review, engaging independent forensic experts to assist us in the investigation and remediation of our systems and alerting law enforcement. While we are continuing to review and enhance our security measures moving forward to help
prevent a future incident, we can confirm that this issue has been resolved and is no longer affecting transactions.
What You Can Do?
In order to help protect themselves, customers may wish to review credit and debit card account statements as soon as possible in order to determine if
there are any discrepancies or unusual activity listed. We urge customers to remain vigilant and continue to monitor statements for unusual activity going forward. If they see anything they do not understand or that looks suspicious, or if they
suspect that any fraudulent transactions have taken place, customers should immediately notify the issuer of the credit or debit card. In instances of payment card fraud, it is important to note that cardholders are typically not responsible
for any fraudulent activity that is reported in a timely fashion.
Although this incident did not include Social Security numbers, addresses, or other sensitive personal information, as a general practice, we recommend
that you carefully check your credit reports for accounts you did not open or for inquiries from creditors you did not initiate. If you see anything you do not understand, call the credit agency immediately. As an additional precaution, we are
providing information and resources to help customers protect their identities. This includes an “Information About Identity Theft Protection” reference guide, available on our website at www.piefivepizza.com/paymentcardsecurity, which describes additional steps customers can take to help protect themselves, including recommendations from the Federal Trade Commission regarding identity theft protection.
For More Information
For more information about this incident, or if you have additional questions or concerns about this incident, you may contact us directly at 855-571-5867
between 8:00 a.m. to 8:00 p.m. Central time, Monday through Friday. Again, we sincerely regret any concern this event may cause you.
# # #