-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U8KZy1fGxIo8jruQYy1vlO9xs78za6UfQLWYaZbhlDS+Btv24dtE04hfk2DM8IfY Nfkasd9QpZfQBfkGfKrYsQ== 0001193125-05-160603.txt : 20050808 0001193125-05-160603.hdr.sgml : 20050808 20050808152040 ACCESSION NUMBER: 0001193125-05-160603 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050804 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant FILED AS OF DATE: 20050808 DATE AS OF CHANGE: 20050808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AAMES INVESTMENT CORP CENTRAL INDEX KEY: 0001282552 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 341981408 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32340 FILM NUMBER: 051005773 BUSINESS ADDRESS: STREET 1: 350 SOUTH GRAND AVENUE STREET 2: 43RD FL CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 323-210-5000 MAIL ADDRESS: STREET 1: 350 SOUTH GRAND AVENUE STREET 2: 43RD FL CITY: LOS ANGELES STATE: CA ZIP: 90071 8-K 1 d8k.htm FORM 8-K Form 8-K

 

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 AND EXCHANGE ACT OF 1934

 

August 4, 2005

Date of Report (Date of earliest event reported)

 

AAMES INVESTMENT CORPORATION

(Exact name of Registrant as specified in its charter)

 

Maryland

(State or other jurisdiction of incorporation)

 

1-32340   34-1981408
(Commission File Number)   (IRS employer identification no.)

 

350 South Grand Ave, 43rd Floor

Los Angeles, CA 90071

(Address of principal executive offices)(Zip Code)

 

(323) 210-5000

(Registrant’s telephone number, including area code)

 

Not Applicable

(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:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Item 1.01. Entry Into a Material Agreement.

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

On August 4, 2005, the Board of Directors of Aames Investment Corporation approved a settlement agreement in the matter of Potteiger et. al. v. Aames Funding Corporation and Aames Financial Corporation, a collective action filed in February 2004 in the U.S. District Court of Minnesota. Plaintiff, a former loan officer of ours, filed this action on behalf of himself and current and former loan officers employed by us, seeking damages consisting of alleged unpaid overtime, statutory liquidated damages and attorneys’ fees and costs.

 

Under the terms of the settlement agreement, we agreed to pay approximately $3.5 million, which includes attorneys’ fees, to class members for the release of all wage and hour claims for the employees who joined the collective action.

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

AAMES INVESTMENT CORPORATION

By:

  

/s/ Patrick D. Grosso

   

Patrick D. Grosso

   

Assistant Secretary

   

Dated: August 8, 2005

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