UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 UNDER
THE
SECURITIES EXCHANGE ACT OF 1934
Report
on Form 6-K dated March 24, 2010
Commission
File Number: 1-13546
STMicroelectronics
N.V.
(Name of
Registrant)
39,
Chemin du Champ-des-Filles
1228
Plan-les-Ouates, Geneva, Switzerland
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form 20-F
Q Form
40-F £
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
Yes £ No Q
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
Yes £ No Q
Indicate
by check mark whether the registrant by furnishing the information contained in
this form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes £ No Q
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- __________
Enclosure: A
press release dated March 24, 2010, announcing that STMicroelectronics, in
connection with its legal action to recover from Credit Suisse the amount
invested in unauthorized auction rate securities against its instructions,
received a court ruling affirming the unanimous arbitration award in its favor
for more than US$431 million, including collected interest, entered in February
2009 by FINRA.
PR
No. C2619C
U.S.
Federal Court Affirms STMicroelectronics' Award Against Credit
Suisse
Geneva, March 24, 2010 - In connection with its
legal action to recover from Credit Suisse the amount invested in unauthorized
auction rate securities against the Company's instructions, STMicroelectronics
(NYSE:STM) received late yesterday a court ruling affirming the unanimous
arbitration award in its favor for more than US$431 million, including collected
interest, entered in February 2009 by FINRA.
The
ruling of the federal district court in New York denied Credit Suisse's motion
to vacate the award, also granting the Company's petition to affirm the award
and directing Credit Suisse to pay the Company the unpaid
balance. Based on the ruling the Company should receive approximately
US$354 million, which include approximately US$23 million of interest to date,
in addition to the approximately US$75 million previously received in December
upon selling a portion of these securities.
Please
refer to our Annual Report on Form 20F filed with the SEC on March 10, 2010 for
a more complete description of this matter.
About
STMicroelectronics
STMicroelectronics
is a global leader serving customers across the spectrum of electronics
applications with innovative semiconductor solutions. ST aims to be the
undisputed leader in multimedia convergence and power applications leveraging
its vast array of technologies, design expertise and combination of intellectual
property portfolio, strategic partnerships and manufacturing strength. Further
information on ST can be found at www.st.com.
For further information,
please contact:
INVESTOR
RELATIONS:
Tait
Sorensen
Director,
Investor Relations
Tel: +1
602 485 2064
tait.sorensen@st.com
MEDIA
RELATIONS:
Maria
Grazia
Prestini
Group VP,
Corporate Media and Public Relations
STMicroelectronics
Tel: + 41
22 929 6945
mariagrazia.prestini@st.com
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, STMicroelectronics N.V. has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly
authorized.
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STMicroelectronics
N.V.
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Date:
March
24, 2010
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By:
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/s/
Carlo
Ferro |
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Name: |
Carlo
Ferro |
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Title: |
Executive
Vice President and
Chief
Financial Officer
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