One such scheme appears to have been a phony private placement in Fremont, Calif.
Schroer bought private placement shares in the single digits before it went public in May.
He says his chief financial officer negotiated a private placement with a Canadian investment group.
Harrington then approached Grassie with a private placement document (prospectus and subscription agreement) for Sky Capital entities.
He put together a formal private placement and offered all of them a chance to buy equity.
Facebook, perhaps the hottest company in the world, picked Goldman to run its private placement last year.
WSJ: Writing on the Wall: Apple's Rotten Side Has A Familiar Look
The sale will probably be done through a private placement with big investors.
ECONOMIST: The biggest shareholders in EADS are preparing to sell up
The private placement document filed with the SEC also indicates that Facebook could become a public company by April 2012.
FORBES: Facebook To Breach 500 Shareholder Limit, Go Public By April 2012
All main decisions, including the 10% private placement, have to be run by the Board and by the Russian Ministry of Economics.
The risk disclosures in a private placement offering memo tend to be sparse and generic, and there is very little publicly available information.
Rhino is accused of setting up the scheme with one of its hedge fund clients, Amro International, to profit from a 2001 private placement in Sedona.
Humanwell Healthcare, a leading medical company in Hubei province, is awaiting approvals of a private placement plan to acquire the distributor of Roche Diagnostic Technology in China.
FORBES: Humanwell Healthcare Shows Consolidation Is Hot in China's Health Care
In March, Pegasus Chief Executive Jasper Knabb Jasper Knabb began getting e-mails from individuals in the U.K. who were inquiring about their shares from a private placement organized by Oxbridge.
Why continue hustling for commissions selling penny stocks when for the price of having a lawyer draft a believable private placement memorandum, you can call yourself a hedge fund manager?
FORBES: Anatomy of (Yet Another) Hedge Fund Fraud (June 1, 2001)
The move came a day after the company said it would sell all of its treasury stock, representing nearly 2% of shares outstanding, through a private placement to professional investors.
In the worst-case scenario, if the SEC deemed the private placement improper, it could try to force Goldman to buy back all the shares it sold, after the deal is completed.
WSJ: Goldman to Offer Facebook Shares Only to Non-U.S. Clients
With long-term investment horizons, life insurance companies in developed economies are important investors in the stock market, as well as in the private placement markets for debt and equity securities issued by small- and medium-sized enterprises.
Last weekend, Goldman was forced to make an about-face on its original plan to make the private placement available to its U.S. clients, too, because Goldman said intense media spotlight about the deal left it in danger of violating U.S. securities laws.
While no one tracks the number of regional or independent broker-dealers that have gone out of business, analysts who track the industry say that at least a dozen have closed their doors due to insufficient capital or issues with complex investments like private placement in just the last six months.
The Company intends to use the proceeds from the offering and concurrent private placement to acquire its target assets, which consist of residential mortgage-backed securities issued or guaranteed by U.S. Government-sponsored entities , residential mortgage-backed securities that are not issued or guaranteed by U.S. Government-sponsored entities and other mortgage-related investments.
Think unlisted real estate investment trusts, precious metals, promissory notes and private-placement securities.
Goldman sent copies of the private-placement memo throughout the day Thursday, often by messenger instead of email to prevent leaks.
The right to seek private school placement for kids with disabilities was strengthened in June by a Supreme Court ruling in a closely watched case from Oregon.
Sweden's debt manager is exploring the American private-placement market.
Augustine. (The other original male saints, in London and Milan collections, cannot travel.) The Clark's painting is hung too low, contradicting its intended placement over an altar in a church or private chapel and warping the geometry of its elegant classicizing architecture.
WSJ: Separated at the Altar | Piero della Francesca in America | Frick Collection | By Karen Wilkin
This program will provide extra help to middle- and high school students who fall behind in reading and math, expand Advanced Placement programs in low-income schools, and invite math and science professionals from the private sector to teach part-time in our high schools.
应用推荐