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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001005477-08-005337.txt : 20080812
<SEC-HEADER>0001005477-08-005337.hdr.sgml : 20080812
<ACCEPTANCE-DATETIME>20080812172125
ACCESSION NUMBER:		0001005477-08-005337
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080808
FILED AS OF DATE:		20080812
DATE AS OF CHANGE:		20080812

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRG-SCHULTZ INTERNATIONAL, INC.
		CENTRAL INDEX KEY:			0001007330
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT [8700]
		IRS NUMBER:				582213805
		STATE OF INCORPORATION:			GA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		600 GALLERIA PARKWAY
		STREET 2:		STE 100
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30339-5949
		BUSINESS PHONE:		7707796610

	MAIL ADDRESS:	
		STREET 1:		600 GALLERIA PARKWAY
		STREET 2:		STE 100
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30339-5949

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PRG SCHULTZ INTERNATIONAL INC
		DATE OF NAME CHANGE:	20020125

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PROFIT RECOVERY GROUP INTERNATIONAL INC
		DATE OF NAME CHANGE:	19960207

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GALLEN JONATHAN
		CENTRAL INDEX KEY:			0001069726

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28000
		FILM NUMBER:		081010570

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2128912132

	MAIL ADDRESS:	
		STREET 1:		450 PARK AVENUE
		STREET 2:		28TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-08-08</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001007330</issuerCik>
        <issuerName>PRG-SCHULTZ INTERNATIONAL, INC.</issuerName>
        <issuerTradingSymbol>PRGX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001069726</rptOwnerCik>
            <rptOwnerName>GALLEN JONATHAN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O AHAB CAPITAL MANAGEMENT, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>299 PARK AVENUE, 17TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10171</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Former 10% Owner</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, no par value</value>
            </securityTitle>
            <transactionDate>
                <value>2008-08-08</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>50000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>10.81</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2150000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By partnerships, corporations and various investment accounts</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">As of August 8, 2008 (the &quot;Reporting Date&quot;), Ahab Opportunities, L.P., f/k/a Ahab Partners, L.P. (&quot;Opportunities, L.P.&quot;), Ahab Opportunities, Ltd., f/k/a Ahab International, Ltd. (&quot;Opportunities, Ltd.&quot;), Ahab Aggressive, L.P., f/k/a Queequeg Partners, L.P. (&quot;Aggressive, L.P.&quot;), Ahab Aggressive, Ltd., f/k/a Queequeg, Ltd. (&quot;Aggressive, Ltd.&quot;) and one or more private investment accounts (the &quot;Accounts&quot;) held in the aggregate 2,150,000 shares of common stock, no par value (the &quot;Shares&quot;), of PRG-Schultz International, Inc. (the &quot;Company&quot;).  Jonathan Gallen possesses the sole power to vote and the sole power to direct the disposition of 2,150,000 Shares held by Opportunities, L.P., Opportunities, Ltd., Aggressive, L.P., Aggressive, Ltd. and the Accounts.  Accordingly, for the purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the &quot;Exchange Act&quot;), Mr. Gallen is deemed to be
neficially own 2,150,000 Shares.</footnote>
        <footnote id="F2">Mr. Gallen's interest in the securities reported herein is limited to the extent of his pecuniary interest in Opportunities, L.P., Opportunities, Ltd., Aggressive, L.P., Aggressive, Ltd. and the Accounts, respectively, if any.  As a result of the transaction set forth in Table I of this Form 4, Mr. Gallen ceased to beneficially own, as of the Reporting Date, more than ten percent (10%) of any class of any equity security, or securities convertible into such equity securities, of the Company.  Accordingly, for the purposes of Section 16 of the Exchange Act, Mr. Gallen ceased to be a reporting person.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Jonathan Gallen</signatureName>
        <signatureDate>2008-08-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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