SCHEDULE 14A
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Filed by the
Registrant þ
Filed by a Party other than the
Registrant o
Check the appropriate box:
o Preliminary
Proxy Statement
o Confidential,
for Use of the Commission Only (as permitted by
Rule 14a-6(e)(2))
o Definitive
Proxy Statement
þ Definitive
Additional Materials
o Soliciting
Material Pursuant to ss.240.14a-11(c) or ss.240.14a-12
ASTA FUNDING, INC.
(Name of Registrant as Specified in
Its Charter)
(Name of Person(s) Filing Proxy
Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
þ No
fee required.
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Fee computed on table below per Exchange Act
Rules 14a-6(i)(4)
and 0-11.
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(1)
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Title of each class of securities to which transaction applies:
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Aggregate number of securities to which transaction applies:
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(3)
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Per unit price or other underlying value of transaction computed
pursuant to Exchange Act
Rule 0-11
(Set forth the amount on which the filing fee is calculated and
state how it was determined):
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(4)
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Proposed maximum aggregate value of transaction:
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o Fee
paid previously with preliminary materials.
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Check box if any part of the fee is offset as provided by
Exchange Act
Rule 0-11
(a) (2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by
registration statement number, or the Form or Schedule and the
date of its filing.
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(1)
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Amount Previously Paid:
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(2)
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Form, Schedule or Registration Statement No.:
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ASTA FUNDING, INC.
FOR IMMEDIATE RELEASE
CONTACT:
Robert J. Michel, CF
Asta Funding, Inc.
(201) 567-5648
ASTA FUNDING, INC. REPORTS ADDITIONAL INFORMATION REGARDING DIRECTOR
ATTENDANCE AT BOARD MEETINGS DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2010
ENGLEWOOD CLIFFS, N.J., January 14, 2011 Asta Funding, Inc. (NASDAQ: ASFI) (the Company), a
consumer receivable asset management and liquidation company, today reported that during the fiscal
year ended September 30, 2010, six of the seven members of its Board of Directors attended at least
75% of the meetings of the Board of Directors that such directors were eligible to attend and 75% of
the meetings of committees of the Board of Directors of which such director was a member. Arthur
Stern, Chairman Emeritus of the Board, attended 8 of the 12 meetings of the Board of Directors
convened during the fiscal year ended September 30, 2010. Mr. Stern was unable to attend certain
of the meetings due to personal and family medical issues.
Under the rules of the Securities and Exchange Commission (the SEC), this press release may be
deemed to be a solicitation by the Company. The Company has filed with the SEC and mailed to its
stockholders a definitive proxy statement in connection with its annual meeting of stockholders to
be held on Wednesday, January 19, 2011. The definitive proxy statement contains information
regarding the directors and executive officers of the Company who may be deemed to be participants
in this solicitation. The definitive proxy statement, the form of proxy card, this press release, and the
Companys Annual Report on Form 10-K for the fiscal year ended September 30, 2010, including financial
statements, are available on the internet at http://www.proxydocs.com/asfi.