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): March 9, 2010
ASTA FUNDING, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 0-26906 | 22-3388607 | ||
| (State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 210 Sylvan Avenue, Englewood Cliffs, New Jersey | 07632 | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code:201-567-5648
| (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:
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))
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Item 8.01 Other Events
At the Annual Meeting of Shareholders for Asta Funding, Inc. held on March 9, 2010, shareholders representing 11,816,855 shares or 82.79% of the 14,272,457 shares of common stock outstanding on the record date of January 26, 2010 were present in person or by proxy, constituting a quorum for the purposes of the Annual Meeting. Matters voted upon at the Annual Meeting of Shareholders were as follows:
| Proposal One: The election of seven directors to the Board of Directors to hold office until the Annual Meeting of Shareholders in 2011 and until their respective successors have been elected. |
All of the Board’s nominees were elected. Voting for Proposal One was as follows:
| Authority | ||||
| Election of Directors | For | Withheld | ||
| Gary Stern | 6,969,580 | 328,751 | ||
| Arthur Stern | 6,965,410 | 332,921 | ||
| Herman Badillo | 6,930,420 | 367,911 | ||
| David Slackman | 7,112,595 | 185,736 | ||
| Edward Celano | 6,976,805 | 321,526 | ||
| Harvey Leibowitz | 7,110,623 | 187,708 | ||
| Louis A. Piccolo | 7,112,155 | 186,176 | ||
| Proposal Two. Ratification of Grant Thornton LLP as the Independent Registered Public Accounting Firm. |
Grant Thornton LLP was ratified as the Independent Registered Public Accounting Firm. Voting for Proposal Two was as follows:
| For | Against | Abstain | Broker non-vote | |||||
| Grant Thornton LLP | 11,780,499 | 17,036 | 19,320 | 0 |
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ASTA FUNDING, INC.
Date: March 12, 2010
By: /s/ Robert Michel
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