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): December 12, 2002 RYAN'S FAMILY STEAK HOUSES, INC. (Exact name of registrant as specified in its charter) Commission File Number 0-10943 South Carolina 57-0657895 State or other jurisdiction of (IRS Employer Identification incorporation No.) 405 Lancaster Avenue (29650) Post Office Box 100 Greer, SC 29652 (Address of principal executive offices) (Zip Code) Registrant's telephone number (including area code): (864) 879-1000 Not Applicable (Former name or former address, if changed since last report) Item 5. Other Events As disclosed in the Company's Quarterly Report on Form 10-Q for the quarter ended October 2, 2002, a lawsuit was filed on November 12, 2002, in the United States District Court, Middle District of Tennessee, Nashville Division, on behalf of three plaintiffs alleging various violations by the Company of the Fair Labor Standards Act of 1938. The Company intends to vigorously defend this lawsuit and has retained the firms of Nexsen Pruet Jacobs & Pollard, LLC (Greenville, SC) and Constangy, Brooks & Smith, LLC (Nashville, TN and Washington, DC) to serve as co-lead counsel for the Company. Any potential financial impact to the Company cannot be determined at this time. 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. RYAN'S FAMILY STEAK HOUSES, INC. _____________________________ Janet J. Gleitz Corporate Secretary Date: December 12, 2002