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) August 7, 2001
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MEGO FINANCIAL CORP.
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(Exact name of registrant as specified in its charter)
New York
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(State or other jurisdiction of incorporation)
1-8645 13-5629885
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(Commission File Number) (IRS Employer Identification No.)
4310 Paradise Road
Las Vegas, Nevada 89109
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(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code (702) 737-3700
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N/A
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(Former name or former address, if changed since last report)
Item 4. Changes in Registrant's Certifying Accountant
The accounting firm of Deloitte & Touche LLP ("Deloitte") represented
Mego Financial Corp. (the "Company") as its independent accountants during each
of the two fiscal years ended August 31, 1999 and 2000. On August 7, 2001, the
Audit Committee of the Board of Directors of the Company unanimously determined
not to reappoint Deloitte. On August 8, 2001, the Company informed
representatives of Deloitte that such firm would no longer be engaged as the
principal accountants to audit the Company's financial statements.
The audit reports of Deloitte on the financial statements of the
Company as of and for the Company's two most recent fiscal years, for which
Deloitte was the Company's independent auditors, did not contain any adverse
opinion or disclaimer of opinion, nor were they qualified or modified as to
uncertainty, audit scope or accounting principals. During the Company's two most
recent fiscal years and subsequent interim periods, for which Deloitte was the
Company's independent auditors, there were no disagreements between the Company
and Deloitte on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreements, if
not resolved to the satisfaction of Deloitte, would have caused it to make
reference to the subject matter of the disagreement in connection with its
reports. During the two most recent fiscal years and any subsequent interim
periods, there have been no "reportable events" as defined in Item 304(a)(1)(v)
of Regulation S-K.
The Company has provided a copy of this report to Deloitte and has
requested and received from Deloitte a letter addressed to the Securities and
Exchange Commission stating that it agrees with the statements as set forth
above, in connection with this filing. A copy of that letter, dated August 14,
2001, is attached as Exhibit 16.1 with this filing.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
Exhibit
Number Description
16.1 Letter, dated August 14, 2001, from Deloitte addressed to
the Securities and Exchange Commission regarding Deloitte's
concurrence with the statements made by the Company in this
Current Report.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
MEGO FINANCIAL CORP.
Dated: August 14, 2001 By: /s/ Jerome J. Cohen
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Name: Jerome J. Cohen
Its: President
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Exhibit Index
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Exhibit
Number Description
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16.1 Letter, dated August 14, 2001, from Deloitte addressed to
the Securities and Exchange Commission regarding Deloitte's
concurrence with the statements made by the Company in this
Current Report.