UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 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): May 31, 2002


                              The Finx Group, Inc.
       (Exact name of small business issuer as specified in its charter)
                     (formerly known as Fingermatrix, Inc.)


           Delaware                     0-9940                  13-2854686
(State or other jurisdiction of     (Commission file          (IRS Employer
 incorporation or organization)          number)          Identification Number)

    249 Saw Mill River Road, Elmsford, NY                            10523
   (Address of Principal Executive Offices)                        (Zip Code)

                                 (914) 592-5930
              (Registrant's telephone number, including area code)


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Item 5. Other Events

Although the Registrant is a party to certain legal proceedings that have
occurred in the ordinary course of business, the Company does not believe such
proceedings to be of a material nature with the exception of the following item
which the Registrant became aware subsequent to the May 15, 2002 filing of its
Form 10-Q for the quarter ended March 31, 2002 and which is therefore reported
herein.

On or about May 31, 2002, the Registrant became aware that a complaint styled
"Law Offices of Jerold K. Levien, against The Finx Group, Inc. f/k/a
Fingermatrix, Inc., The Trinity Group-I, Inc." was filed in the Supreme Court of
the State of New York County of New York on April 8, 2002. The nature of the
action is for breach of contract with regard to the non-payment of legal
invoices for services purported to have been rendered by the plaintiff, and the
relief sought is $334,595 (such amounts having been accrued on the books of the
Registrant as of December 31, 2000) with interest from January 1999. The
Registrant believes it has meritorious defenses to the complaint and intends to
vigorously contest this complaint.

Due to uncertainties in the legal process, it is at least reasonably possible
that the Registrant's opinion of the outcome of the following contingent
liability will change in the near term and there exists the possibility that
there could be a material adverse impact on the operations of the Registrant.


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SIGNATURE

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.

                                                THE FINX GROUP, INC.


Date: July 5, 2002                              /S/   Lewis S. Schiller
                                                   Chief Executive Officer


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