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TMCNet:  ASTA FUNDING INC FILES (8-K) Disclosing Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders

[March 14, 2014]

ASTA FUNDING INC FILES (8-K) Disclosing Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders

(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The information provided in Item 5.07 of this Current Report on Form 8-K is incorporated by reference into this Item 5.02.

Item 5.07 Submission of Matters to a Vote of Security Holders At the annual meeting of stockholders of Asta Funding, Inc. (the "Company," "we" or "us") held on March 11, 2014 the holders of our outstanding stock took the actions described below. As of the record date, February 6, 2014, for the annual meeting, 12,974,239 shares of common stock were issued and outstanding, each entitled to one vote per share.


1. The stockholders elected Gary Stern, Arthur Stern, Herman Badillo, David Slackman, Edward Celano, Harvey Leibowitz, and Louis A. Piccolo to serve on our board of directors for a one-year term. The results of the voting are as follows: For Withheld Broker Non-Votes Gary Stern 6,833,962 1,143,941 2,055,049 Arthur Stern 6,833,764 1,144,139 2,055,049 Herman Badillo 6,907,768 1,070,135 2,055,049 David Slackman 6,919,514 1,058,389 2,055,049 Edward Celano 6,917,718 1,060,185 2,055,049 Harvey Leibowitz 6,912,170 1,065,683 2,055,099 Louis A. Piccolo 6,720,396 1,257,507 2,055,049 2. The stockholders also approved a proposal to ratify the selection of WeiserMazars LLP as our independent auditor for the 2014 fiscal year. The voting results for this proposal were 9,893,011 shares for, 139,129 shares against, and 812 shares abstained.

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