Illegal Activity
none
Blackmail
none
Date
2013-09-23
Document Type
Private Placement Memorandum
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document is a private placement memorandum disclosing past legal settlements involving Credit Suisse and Raymond James, placement agents for the Glendower Capital Secondary Opportunities Fund N. LP, related to auction rate securities. The disclosure is required under Rule 506(e) of Regulation D of the Securities Act.
Metadata
- Subject
- Glendower Capital Secondary Opportunities Fund N. LP - Certain Legal, ERISA and Tax Considerations, Securities Law Matters
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0039336
- Date
- 2013-09-23
Relationships 2
| 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 Attorney General's Office to settle investigations concerning auction rate securities. |
| Raymond James & Associates, Inc. | Legal Settlement | States, Puerto Rico, Virgin Islands, District of Columbia | Raymond James settled with most of the states, Puerto Rico, the Virgin Islands, and the District of Columbia regarding allegations of failure to supervise and/or engaging 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 legal settlements involving placement agents (Credit Suisse and Raymond James) regarding 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 involving Credit Suisse and Raymond James regarding auction rate securities may have been previously reported in the media.
Legal Compliance
- Disclosures related to past settlements involving Credit Suisse and Raymond James regarding auction rate securities.
Raw Analysis JSON
click to expand
Themes
Legal matters/litigationFinancial transactions/money flowBusiness dealingsCompliance issues
People 1
Organizations 7
Glendower Capital Secondary Opportunities Fund N. LPScotian 9Credit Suisse Securities (USA) LLC (CSSU')New York State Attorney General's OfficeNorth American Securities Administrators Association Task ForceRaymond James & Associates, Inc.Raymond James Financial Services, Inc.
Locations 4
U.S.Puerto RicoVirgin IslandsDistrict of Columbia
Financial Entities 3
Credit Suisse Securities (USA) LLC (CSSU')Raymond James & Associates, Inc.Raymond James Financial Services, Inc.
Text Analysis
- Tone
- Informative, Legal
- Purpose
- To disclose potential disqualifying matters related to placement agents (Credit Suisse and Raymond James) as required by Rule 506(e) of Regulation D.
- Significance
- The document discloses past legal settlements involving Credit Suisse and Raymond James related to auction rate securities, which could be relevant to investors in the Glendower Capital Secondary Opportunities Fund N. LP.
File Info
- File Name
- EFTA01354738.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:48.624361
- DOJ Source
- View on DOJ