Item  8.01. Other Events

ScanSource, Inc. (the “Company”) announced today that it received written notice from the United States Securities and Exchange Commission (“SEC”) that the investigation concerning the Company’s historical stock option grant practices had been completed and that no enforcement action was recommended.

As previously announced, the Company received an informal request from the SEC for information on its historical stock option grant practices. A special committee consisting of independent members of the Company’s Board of Directors conducted a review of these practices. On January 19, 2007, the Company announced the completion of this independent review, which did not conclude that current senior management, the former CEO, or the members of the Compensation Committee engaged in intentional misconduct in the administration and oversight of the Company’s stock option program. The Company presented the results of this independent review to the SEC.

 

Item 9.01. Financial Statements and Exhibits

 

  (d) Exhibits

 

  99.1 Press Release issued by ScanSource, Inc. on January 24, 2008.

 

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.

 

    ScanSource, Inc.
Date: January 24, 2008     By:   /s/ Michael L. Baur
    Name:   Michael L. Baur
    Its:   Chief Executive Officer

 

Exhibit Index

 

Exhibit No.   

Description

EX-99.1    Press Release of Registrant dated January 24, 2008