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):        November 22, 2010
 
Network-1 Security Solutions, Inc.

(Exact name of registrant as specified in its charter)
 
 
Delaware 1-15288 11-3027591
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

 
445 Park Avenue, Suite 1018, New York, New York 10022

(Address of principal executive offices)

Registrant’s telephone number, including area code:  (212) 829-5770

N/A

(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 8.01                      Other Events
 
On November 22, 2010, Network-1 Security Solutions, Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors declared a special cash dividend of $0.10 per share on each share of the Company’s common stock.  The dividend will be payable on December 20, 2010 and the Company has set the record date for the dividend as December 13, 2010.  The Press Release is attached as Exhibit 99.1 hereto.
 
Item 9.01                      Financial Statements and Exhibits
 
Exhibit Number             Description
 
99.1
Press Release, dated November 22, 2010

 
 

 
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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.
 
 
 
  NETWORK-1 SECURITY SOLUTIONS, INC.  
     
     
       
Dated:   July 24, 2010
By:
/s/ Corey M. Horowitz  
    Name:  Corey M. Horowitz  
    Title:    Chairman & Chief Executive Officer  
       
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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