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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): August 16, 2000
AUTOLEND GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-10569 22-3137244
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
600 Central SW, Third Floor
Albuquerque, New Mexico 87102
(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code: (505) 768-1000
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ITEM 5. OTHER EVENTS
A. Claim for reimbursement of legal fees
On August 16, 2000, the Registrant learned that Nunzio P. DeSantis,
Chief Executive Officer of the Registrant, had made a written demand
against the Registrant for reimbursement of legal fees and personal
expenses in the amount of $123,000, which may increase. Mr. DeSantis
advised that these legal fees and expenses were incurred in connection with
the past investigation of him by the Securities and Exchange Commission
regarding certain activities which took place during the twelve months
ended September 1997. The Registrant has informed its carrier of director
and officer liability insurance of this demand.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has caused this report to be signed on its behalf by the
undersigned, hereto duly authorized.
AUTOLEND GROUP, INC.
(Registrant)
/s/ NUNZIO P. DESANTIS
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Nunzio P. DeSantis
President and
Chief Executive Officer
Date: September 05, 2000