Illegal Activity
none
Blackmail
none
Date
2013-09-23
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document is a legal disclosure related to the offering of interests in Glendower Capital Secondary Opportunities Fund IV. LP, outlining securities law matters and disclosing past settlements by placement agents Credit Suisse and Raymond James related to auction rate securities. It informs potential investors of legal and compliance considerations.
Metadata
- Subject
- Certain Legal, ERISA and Tax Considerations
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0038472
- Date
- 2013-09-23
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Credit Suisse Securities (USA) LLC (CSSU') | Legal settlement | New York State Attorney General's Office | CSSU reached an agreement with the NY State Attorney General's Office to settle investigations concerning investment products generally known as 'auction rate securities.' |
| Credit Suisse Securities (USA) LLC (CSSU') | Legal settlement | North American Securities Administrators Association Task Force | CSSU reached an agreement with the North American Securities Administrators Association Task Force to settle investigations concerning investment products generally known as 'auction rate securities.' |
| Raymond James 8 Associates, Inc. | Legal settlement | States, Puerto Rico, the Virgin Islands, and the District of Columbia | Raymond James settled with most of the states, Puerto Rico, the Virgin Islands, and the District of Columbia allegations that they failed to supervise and/or engaged in dishonest or unethical practices related to the sale of auction rate securities. |
Notable Quotes 2
Under the settlement agreement, CSSU neither admits nor denies wrongdoing.'
Under the settlement orders. Raymond James neither admit nor deny wrongdoing
Red Flags 1
- Past settlements by placement agents Credit Suisse and Raymond James related to auction rate securities.
Financial Information
Amounts:5550 million515 million
Assets:
- Auction rate securities
Transactions:
- Repurchase of auction rate securities
- Payment of civil penalties
Public Knowledge
- Context
- The settlements by Credit Suisse and Raymond James regarding auction rate securities were likely public knowledge at the time of the settlements.
Legal Compliance
- Disclosure of past settlements by Credit Suisse and Raymond James related to auction rate securities.
- Requirement to furnish a description of any matters that would have triggered disqualification under paragraph (d)(1) of Rule 506 of Regulation D.
Raw Analysis JSON
click to expand
Themes
Legal matters/litigationFinancial transactions/money flowBusiness dealingsCompliance issues
Organizations 7
Dimension Capital ManagementGlendower Capital Secondary Opportunities Fund IV. LPCredit Suisse Securities (USA) LLC (CSSU')New York State Attorney General's OfficeNorth American Securities Administrators Association Task ForceRaymond James 8 Associates, Inc.Raymond James Financial Services, Inc.
Locations 4
U.S.Virgin IslandsPuerto RicoDistrict of Columbia
Financial Entities 3
Credit Suisse Securities (USA) LLC (CSSU')Raymond James 8 Associates, Inc.Raymond James Financial Services, Inc.
Text Analysis
- Tone
- Informative, legalistic
- Purpose
- To inform potential investors of legal and compliance matters related to the offering of interests in Glendower Capital Secondary Opportunities Fund IV. LP, including past settlements by placement agents Credit Suisse and Raymond James related to auction rate securities.
- Significance
- This document is significant because it discloses potential conflicts of interest or past regulatory issues related to the placement agents involved in the offering.
File Info
- File Name
- EFTA01353899.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:49.601837
- DOJ Source
- View on DOJ