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):  December 27, 2004
                                                        (December 22, 2004)


                                Friedman's Inc.
            (Exact Name of Registrant as Specified in its Charter)


           Delaware                       0-22356              58-20583
 (State or Other Jurisdiction        (Commission File       (IRS Employer
       of Incorporation)                 Number)            Identification No.)


                            171 Crossroads Parkway
                            Savannah, Georgia 31422
                   (Address of Principal Executive Offices)


                                (912) 233-9333
             (Registrant's 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))


<PAGE>

Item 8.01    Other Events.

         On December 22, 2004, Friedman's issued a press release in connection
with certain civil lawsuits filed by the states' attorneys general in state
courts in Texas, Tennessee and Florida. The text of the press release is
included as Exhibit 99.1 to this Current Report on Form 8-K and is
incorporated by reference into this Item.

Item 9.01.   Financial Statements and Exhibits.

         (c) Exhibits.

         The following exhibits are filed as part of this report:

Exhibit
Number               Description
------               -----------

Exhibit 99.1         Press release dated December 22, 2004

<PAGE>


                                                             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.

                                            FRIEDMAN'S INC.


Date: December 27, 2004                     By: /s/ C. Steven Moore
                                                ------------------------------
                                                C. Steven Moore
                                                Chief Administrative Officer
                                                and General Counsel

<PAGE>


                                 EXHIBIT INDEX

Exhibit
Number                Description
-------               -----------

Exhibit 99.1          Press release dated December 22, 2004
[{"type": "8-K", "sequence": "1", "filename": "nyc955265.txt", "secsgml_size_bytes": 3304}]
{"company-data": {"conformed-name": "FRIEDMANS INC", "cik": "0000911004", "assigned-sic": "5944", "irs-number": "582058362", "state-of-incorporation": "DE", "fiscal-year-end": "0826"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-31707", "film-number": "041226443"}, "business-address": {"street1": "4 WEST STATE ST", "city": "SAVANNAH", "state": "GA", "zip": "31401", "phone": "9122339333"}, "mail-address": {"street1": "4 W STATE ST", "city": "SAVANNAH", "state": "GA", "zip": "31401"}}
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):  December 27, 2004
                                                        (December 22, 2004)

                                Friedman's Inc.
            (Exact Name of Registrant as Specified in its Charter)

           Delaware                       0-22356              58-20583
 (State or Other Jurisdiction        (Commission File       (IRS Employer
       of Incorporation)                 Number)            Identification No.)

                            171 Crossroads Parkway
                            Savannah, Georgia 31422
                   (Address of Principal Executive Offices)

                                (912) 233-9333
             (Registrant's 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 December 22, 2004, Friedman's issued a press release in connection
with certain civil lawsuits filed by the states' attorneys general in state
courts in Texas, Tennessee and Florida. The text of the press release is
included as Exhibit 99.1 to this Current Report on Form 8-K and is
incorporated by reference into this Item.

Item 9.01.   Financial Statements and Exhibits.

         (c) Exhibits.

         The following exhibits are filed as part of this report:

Exhibit
Number               Description
------               -----------

Exhibit 99.1         Press release dated December 22, 2004
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.

                                            FRIEDMAN'S INC.

Date: December 27, 2004                     By: /s/ C. Steven Moore
                                                ------------------------------
                                                C. Steven Moore
                                                Chief Administrative Officer
                                                and General Counsel
EXHIBIT INDEX

Exhibit
Number                Description
-------               -----------

Exhibit 99.1          Press release dated December 22, 2004