Posts
March 06 2012
The Supreme Court, State of New York, entered a permanent injunction staying a FINRA arbitration brought by an individual against a Broker-Dealer. The individual alleged that the Broker-Dealer's former employee had sold him shares in a private placement. On the motion, EG&S successfully showed that the individual had never been a customer of the firm and that it was not likely that he could show that he was even a "customer" of the employee or had a sound basis to believe he was. Partner Adrienne Ward led the effort, with assistance from associate Holly Froum.
February 24 2012
Kenneth Cole, the founder of Kenneth Cole Productions Inc. proposed a going-private transaction for his clothing company at a price of $15 a share in cash.
February 22 2012
People’s Liberation, Inc. announced the closing of their Private Placement in the amount of $11,500,000. EG&S acted as counsel to the Investor.
February 20 2012
Superconductor Technologies Inc. announced the closing of their Registered Direct offering in the amount of $4,563,535. EG&S acted as counsel to the placement agent.
February 15 2012
Cardium Therapeutics, Inc. announced the closing of their Registered Direct in the amount of $5,000,000. EG&S acted as counsel to the placement agent.
February 14 2012
Apps Genius Corp announced the closing of their Registered Direct offering in the amount of $1,000,000. EG&S acted as counsel to the placement agent.
February 10 2012
EpiCept Corporation announced the closing of their Registered Direct offering in the amount of $2,000,000. EG&S acted as counsel to the placement agent.
February 10 2012
Neuralstem, Inc. announced the closing of their Registered Direct offering in the amount of $5,050,000. EG&S acted as counsel to the placement agent.