- Current report filing (8-K)
August 10 2009 - 4:06PM
Edgar (US Regulatory)
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):
August 5, 2009
iMergent, Inc.
(Exact name of registrant as specified in charter)
|
|
|
Delaware
|
001-32277
|
87-0591719
|
(State or other jurisdiction
of incorporation)
|
(Commission
File Number)
|
(IRS Employer
Identification No.)
|
10201 South 51
st
Street, Phoenix, AZ 85044
(Address of principal executive offices)
(801) 227-0004
(Registrants Telephone Number, including Area Code)
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 8.01
Other Events
On August 6, 2009, a Final Judgment and Consent Decree (
Judgment
) was agreed to between iMergent, Inc. (the
"Company"
) and the State of Washington. The Judgment is awaiting entry by the Court and is filed in the King County Superior Court, entitled State of Washington v. iMergent, Inc., Stores Online, Inc. The Judgment stemmed from a non-public investigation by the Attorney General of the State of Washington commenced several years ago claiming violations of the Business Opportunity Statute and certain consumer protection statutes.
The Company
agreed to pay a total settlement of $175,000. The Company
had accrued a liability for the settlement amount in a previous period. The settlement amount includes refunds to certain State of Washington customers who may file claims. To the extent that filed claims exceed the refund amount, refunds will be paid on a pro-rata basis. The State of Washington will be entitled to retain any monies not claimed. There are no further costs or fees required to be paid by the Company
.
In addition, the Company
also agreed to certain actions intended to clarify the business practices of the Company
. The Company is not required to register as a seller of a business opportunity. The settlement does not limit the Co
mpanys ability to conduct business in the State of Washington.
Item 9.01
Financial Statements and Exhibits
(d) Exhibits
|
|
|
|
|
|
Exhibit
Number
|
|
Description
|
99.1
|
|
Press release
entitled
iMergent Reaches Settlement with the State of Washington
|
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.
|
|
|
|
IMERGENT, INC.
|
|
|
|
|
|
|
|
By:
|
/s/ Jonathan R. Erickson
|
|
|
Jonathan R. Erickson
Chief Financial Officer
|
|
|
Date: August 10, 2009
Iimia Investment (AMEX:IIG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Iimia Investment (AMEX:IIG)
Historical Stock Chart
From Jul 2023 to Jul 2024