-----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, Uu6KQJ3CKCCeFG40WnkWKRANunYPdfVE9bkK3s+Nmz+q7cUKDThVhJ87uP4+DigB JYB9q2DjSoGDqg9fpJDVwg== 0000950148-02-000197.txt : 20020414 0000950148-02-000197.hdr.sgml : 20020414 ACCESSION NUMBER: 0000950148-02-000197 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020117 ITEM INFORMATION: Changes in control of registrant FILED AS OF DATE: 20020130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MEGO FINANCIAL CORP CENTRAL INDEX KEY: 0000736035 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE DEALERS (FOR THEIR OWN ACCOUNT) [6532] IRS NUMBER: 135629885 STATE OF INCORPORATION: NY FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08645 FILM NUMBER: 02521292 BUSINESS ADDRESS: STREET 1: 4310 PARADISE RD CITY: LAS VEGAS STATE: NV ZIP: 89109 BUSINESS PHONE: 7027373700 MAIL ADDRESS: STREET 1: 4310 PARADISE RD CITY: LAS VEGAS STATE: NV ZIP: 89109 8-K 1 v78687e8-k.htm FORM 8-K MEGO FINANCIAL CORP.
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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):
January 17, 2002

MEGO FINANCIAL CORP.
(Exact name of registrant as specified in its charter)

         
NEW YORK
  
1-8645
 
13-5629885
 
 
(State or other
jurisdiction of
incorporation)
  
(Commission
File Number)
 
(IRS Employer
Identification No.)
     
4310 Paradise Road, Las Vegas, NV
  
89109
 
(Address of principal executive offices)
  
(Zip Code)

Registrant’s telephone number, including area code (702) 737-3700

 

Item 1. Changes in Control of Registrant
SIGNATURES

Table of Contents

Item 1. Changes in Control of Registrant

     An entire new Board of Directors of Registrant, consisting of Floyd W. Kephart, Spencer Browne, Michael H. Greco, James D. Locke, Ross Mangano, Thomas G. Palmer and Edward J. Wegel, was elected at a Special Meeting of Shareholders of Registrant on January 17, 2002. All of the new directors were nominated by LC Acquisition Corp. At the meeting, the shareholders also approved, among other things, the purchase by LC Acquisition Corp. from Registrant of 750,000 shares of Registrant’s Common Stock and from certain selling shareholders of 1,269,634 shares of Registrant’s Common Stock. The sale transactions were consummated immediately following the meeting. Of the 2,019,634 shares purchased by LC Acquisition Corp., 1,730,500 shares were immediately distributed to its preferred shareholders in redemption of their preferred shares, as mandated by the Articles of Incorporation of LC Acquisition Corp. Accordingly, LC Acquisition Corp. owns 289,134 shares, amounting to 6.1% of Registrant’s outstanding Common Stock. Floyd W. Kephart, the new Chairman and Chief Executive Officer of Registrant, was Chairman and Chief Executive Officer of LC Acquisition Corp. until January 28, 2002, and a partner in Union Square Partners, Ltd. until January 17, 2002. James D. Locke, a new Director, is a partner in Union Square Partners, Ltd. which owns 400,000 shares or 37.5% of the shares of LC Acquisition Corp. None of the other new Directors is affiliated with LC Acquisition Corp. or Union Square Partners, Ltd.

     The transactions referred to herein were described in, and the transaction documents were filed as part of Registrant’s Proxy Statement dated January 3, 2002, filed with the Securities and Exchange Commission on December 31, 2001.

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.

MEGO FINANCIAL CORP.

 

     
 
By:
/s/ Floyd W. Kephart
 
  
 
   Name: Floyd W. Kephart
Title: Chairman & CEO

Date: January 28, 2002

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