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: June 27, 2010
(Date of Earliest Event Reported)

FUND.COM INC.
 (Exact name of Registrant as specified in its charter)
 
 
Delaware
(State or other jurisdiction of
i ncorporation or organization)
001-34027
 (Commission File Number)
30-0284778
(I.R.S. Employer Identification No.)
 
 
14 Wall Street, 20 th Floor, New York, New York, 10005
 (Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (212) 618-1633

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:
 
 
o           Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o           Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o           Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o           Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
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Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 27, 2010,   Mr. Philip Gentile resigned as the Chief Operating Officer and Executive Vice President of Business Development of Fund.com Inc. (the “ Company ”). In addition, Mr. Gentile terminated his Employment Agreement with the Company dated as of March 4, 2008.  Mr. Gentile alleges, among other things, that the Company owes him accrued base salary and reimbursement of certain business-related expenses. The Company intends to actively and diligently engage in negotiations with Mr. Gentile in order to reach an amicable resolution.

Item 9.01 Financial Statements and Exhibits.

(a) Financial statements of businesses acquired .

Not applicable.

(b) Pro forma financial information .

Not applicable.

 (c) Shell company transactions .

Not applicable.

(d) Exhibits .

None.
 
 
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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.
 
 

FUND.COM, INC.
 (Registrant)


By:    / s/ Gregory Webster
____________________________________________
           Name:  Gregory Webster
           Title:    Chief Executive Officer

Date:  July 1, 2010
 
 
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