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

February 2026, 2015

Date of Report

(Date of earliest event reported)

Corporate Resource Services, Inc.

(Exact name of registrant as specified in its charter)

Delaware

1-36060

80-0551965

(State or other jurisdiction
of incorporation)

(Commission

File Number)

(IRS Employer Identification No.)

160 Broadway 13th Floor, New York, NY 10038

(Address of principal executive offices and zip code)

(646) 443-2380

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

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 (see General Instruction A.2. below):

¨□ 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 2.01 Completion of Acquisition or Disposition of Assets

On February 26, 2015, the Company entered into an agreement to sell certain assets related to its Corporate Resource Development (“CRD”) subsidiary to the Noor Staffing Group, LLC (“Noor”). Noor agreed to purchase the foregoing assets for approximately $7.3 million dollars payable at closing and $2.5 million payable over the next 41 months. On February 27, 2015, the transaction was completed. CRD represented approximately $62 million of the Company’s 2014 billings (approximately 6% of all 2014 billings).

Item 8.01. Other Events.

On February 2026, 2015, Corporate Resource Services, Inc. (the “Company”) ~~sent~~ ~~out~~mailed approximately 1,300 termination notices to certain customers ~~primarily in California. The notices,~~ which ~~generally~~was ~~provide~~incremental ~~for 30 days of transition services, were sent~~ to ~~approximately 800 customers representing approximately $400 million of gross revenue for~~ the ~~year ended~~ ~~January~~previously 2,mailed ~~2015~~termination notices. InThe ~~connection~~notices ~~with~~generally ~~the~~provide ~~contract~~for ~~terminations,~~ the Company ~~will~~to becontinue ~~closing~~providing orservices ~~consolidating~~for ~~related offices and~~the ~~eliminating~~next ~~selling~~30 ~~general~~days ~~and~~during ~~administrative~~which ~~expenses~~time ~~associated~~we ~~with~~expect ~~these~~the customers ~~after~~to ~~the~~ transition ~~service~~services ~~period~~to ~~is completed~~another provider. The ~~cost~~customers ~~associated~~notified ~~with~~on February ~~the~~26, ~~elimination~~2015 ofrepresented ~~these~~approximately ~~expenses~~$270 ~~which~~million ~~include~~of ~~lease~~2014 ~~termination~~billings ~~expenses,~~(approximately ~~severance~~27% ~~and~~of ~~other related~~all ~~costs~~2014 ~~cannot be estimated at this time~~billings). The ~~Company intends to continue to collect the related outstanding accounts receivable~~ ~~and~~aggregate ~~use~~termination ~~the~~notices ~~proceeds~~mailed toin ~~reduce~~2015 ~~the~~represent ~~obligations~~approximately to$720 ~~Wells~~million ~~Fargo~~of ~~Bank,~~2014 ~~National~~billings ~~Association~~ (~~“Wells~~approximately ~~Fargo”)~~72% ~~pursuant to the Account Purchase Agreement between Wells Fargo and the Company and each~~ of ~~its subsidiaries Corporate Resources Development,~~all ~~Inc,~~2014 ~~Diamond Staffing Services, Inc~~billings.~~, Insurance Overload Services, Inc., TS Staffing Services, Inc., Accountabilities, Inc. and Integrated Consulting Group, Inc.~~)

~~Item~~In 9connection with the terminations, the Company will be closing or consolidating related offices and eliminating selling general and administrative expenses associated with these customers after the transition service period is completed.01 ~~Financial~~The ~~Statements~~cost associated with the elimination of these expenses which include lease termination expenses, severance and ~~Exhibits~~other related costs cannot be estimated at this time. The Company is continuing to evaluate sales opportunities for the balance of its businesses.

~~(d) Exhibits~~Item 9.01 Financial Statements and Exhibits

~~None~~(d) Exhibits.

~~SIGNATURE~~None.

~~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 thereunto duly authorized.~~SIGNATURE

Date: February 26, 2015	Corporate Resource Services, Inc.
	By	/s/ John P. Messina, Sr.
	Name: John P. Messina, Sr.
	Title: Chief Executive Officer

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 thereunto duly authorized.

Date: March 3, 2015	Corporate Resource Services, Inc.

	By:	/s/ John P. Messina, Sr.
		Name: John P. Messina, Sr. Title: Chief Executive Officer

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