|
Developments
|
 Keefe
Bruyette considering an IPO
Merrill Lynch
buys Advest
 Perelman
wins judgment against Morgan Stanley
- Over its role as financial advisor to Sunbeam,
to which Perelman sold Coleman for stock and cash
- Judge entered a default judgment against Morgan
Stanley over omissions and delays in producing e-mails
- Told jurors to accept as fact that
Morgan Stanley had defrauded Perelman
- Awarded $1.4 billion in total
-
Form 8-K 5.19.05 - $850 million punitive damages
-
Form 8-K 5.17.05 - $604 million compensatory damages
-
Increase reserves 4.04.05
-
Judge Maass biography
-
Form 10-Q disclosure
|
Select Companies
|
The
Bear Stearns Companies Inc
The
Goldman Sachs Group Inc
Greenhill
& Co Inc
Lazard
Ltd
Lehman
Brothers Holdings Inc
Merrill
Lynch & Co Inc
Morgan
Stanley
Thomas
Weisel Partners Group
|
Notable Transactions
Evercore Partners Proposed IPO
|
Files
for $86 million IPO
Underwriters
- Advisors
- Lehman - Goldman Sachs - JP Morgan
- Simpson Thacher - Wilmer Cutler
SEC
Filings
Filed
Documents
|
Ryan Beck Holdings Proposed IPO
|
Files
for $86 million IPO
Underwriters
- Advisors
- Pitney Hardin - Simpson Thacher
|
Cowen
Group IPO
|
Prices
$180 mm IPO
- Sells 11.2mm shares at $16
- Had filed with a range of $19 to $21
- Which would have raised $270 mm
- Values company at $240 mm
Underwriters
- Advisors
- Cowen - Credit Suisse - Merrill Lynch
- Skadden Arps - Shearman & Sterling
SEC
Filings
Filed
Documents
|
Thomas
Weisel Partners Group IPO SEC_CODE_REF_0090001192884
|
$90
million IPO 2.01.06
- 6mm shares sold at $15 per share
- 4.7mm primary shares; 1.2 secondary shares
Underwriters
- Advisors
- Thomas Weisel Partners - Keefe Bruyette
- Goldman dropped out as co-manager
- Sullivan & Cromwell - Wilson Sonsini
SEC
Filings
Filed
Documents
|
Lazard
Ltd IPO
|
Investment
banking partnership goes public
- $854.6 million common stock sold at $25 per share
- $287.5 million 6.625% equity security units
- $550 million senior notes
- Lazard
reorganized in Bermuda
- Expects to be
taxed as a partnership
-
Press release 5.04.05
- Trading symbol:
LAZ
Shareholder
litigation
- Purported class actions against Lazard, its
insiders
and Goldman Sachs
- Allege prospectus was misleading about pricing of
offering
- Miller complaint
6.16.05
- Amio complaint
6.24.05
Common
stock offering
Equity
Security Units offering
Agreements
|
Related Topics
|
