-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SaS/LZCjvR9k0Ia3DA91LiwvM5T7CJmevdskQtGua+wMP+e/yKjZGU5UuQqmjcT+ i8Q5JOzdRXQoj0aH5L+4xg== 0001144204-09-013105.txt : 20090311 0001144204-09-013105.hdr.sgml : 20090311 20090310195157 ACCESSION NUMBER: 0001144204-09-013105 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090311 DATE AS OF CHANGE: 20090310 GROUP MEMBERS: CHANNEL PARTNERSHIP II, L.P. GROUP MEMBERS: JOSHUA LANDES GROUP MEMBERS: NELSON OBUS GROUP MEMBERS: WYNNEFIELD CAPITAL MANAGEMENT, LLC GROUP MEMBERS: WYNNEFIELD CAPITAL, INC. GROUP MEMBERS: WYNNEFIELD PARTNERS SMALL CAP VALUE L.P. I GROUP MEMBERS: WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CORNELL COMPANIES INC CENTRAL INDEX KEY: 0001016152 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-FACILITIES SUPPORT MANAGEMENT SERVICES [8744] IRS NUMBER: 760433642 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-48735 FILM NUMBER: 09670965 BUSINESS ADDRESS: STREET 1: 1700 WEST LOOP SOUTH STREET 2: STE 1500 CITY: HOUSTON STATE: TX ZIP: 77027 BUSINESS PHONE: 7136230790 MAIL ADDRESS: STREET 1: 1700 WEST LOOP SOUTH STREET 2: STE 1500 CITY: HOUSTON STATE: TX ZIP: 77027 FORMER COMPANY: FORMER CONFORMED NAME: CORNELL CORRECTIONS INC DATE OF NAME CHANGE: 19960604 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WYNNEFIELD PARTNERS SMALL CAP VALUE LP CENTRAL INDEX KEY: 0000899083 IRS NUMBER: 133688497 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE PENN PLAZA STREET 2: SUITE 4720 CITY: NEW YORK STATE: NY ZIP: 10119 BUSINESS PHONE: 2127600814 MAIL ADDRESS: STREET 1: ONE PENN PLAZA STREET 2: SUITE 4720 CITY: NEW YORK STATE: NY ZIP: 10119 SC 13D/A 1 v141387_sc13da.htm Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549


SCHEDULE 13D/A
Amendment No. 6
 
Under the Securities Exchange Act of 1934

Cornell Companies, Inc.
(Name of Issuer)
 

Common Stock, $0.001 par value
(Title of Class of Securities)
219141108
(CUSIP Number)
 
Wynnefield Partners Small Cap Value, L.P.
450 Seventh Avenue, Suite 509
New York, New York 10123
Attention: Mr. Nelson Obus

Copy to:
Jeffrey S. Tullman, Esq.
Kane Kessler, P.C.
1350 Avenue of the Americas, 26th Floor
New York, New York 10019
(212) 541-6222
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

March 9, 2009
(Date of Event which requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box o.


 
 
 

SCHEDULE 13D/A
 
CUSIP No. 219141108
Page 2 of 11 Pages

1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Wynnefield Partners Small Cap Value, L.P.
13-3688497
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) x
 
(b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS*
 
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)                                                                                      o
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
696,200 (see Item 5)
8
SHARED VOTING POWER
 
0 (See Item 5)
9
SOLE DISPOSITIVE POWER
696,200 (see Item 5)
10
SHARED DISPOSITIVE POWER
0 (See Item 5)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
696,200 (see Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*                                                                                                            o
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.7%
14
TYPE OF REPORTING PERSON*
 
PN


 
 
 

SCHEDULE 13D/A

CUSIP No. 219141108
Page 3 of 11 Pages
 
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Wynnefield Small Cap Value Offshore Fund, Ltd.
(No IRS Identification No.)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) x
 
(b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS*
 
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)                                                                                  o
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
897,600 (see Item 5)
8
SHARED VOTING POWER
 
0 (see Item 5)
9
SOLE DISPOSITIVE POWER
897,600 (see Item 5)
10
SHARED DISPOSITIVE POWER
0 (see Item 5)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
897,600 (see Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*                                                                                                            o
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.1%
14
TYPE OF REPORTING PERSON*
 
CO

 
 
 
SCHEDULE 13D/A

CUSIP No. 219141108
Page 4 of 11 Pages
 
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Wynnefield Partners Small Cap Value L.P. I
13-3953291
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) x
 
(b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS*
 
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)                                                                                  o
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
924,319  (see Item 5)
8
SHARED VOTING POWER
 
0 (see Item 5)
9
SOLE DISPOSITIVE POWER
924,319  (see Item 5)
10
SHARED DISPOSITIVE POWER
0 (see Item 5)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
924,319  (see Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*                                                                                                           o
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.3%
14
TYPE OF REPORTING PERSON*
 
PN


 
 
 
SCHEDULE 13D/A

CUSIP No. 219141108
Page 5 of 11 Pages
 
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Channel Partnership II, L.P.
22-3215653
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) x
 
(b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS*
 
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)                                                                                   o
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
New York
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
30,800 (see Item 5)
8
SHARED VOTING POWER
 
0 (see Item 5)
9
SOLE DISPOSITIVE POWER
30,800 (see Item 5)
10
SHARED DISPOSITIVE POWER
0 (see Item 5)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,800 (see Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*                                                                                                           o
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
14
TYPE OF REPORTING PERSON*
 
PN


 
 
 
SCHEDULE 13D/A

CUSIP No. 219141108
Page 6 of 11 Pages
 
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Wynnefield Capital Management, LLC
13-4018186
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) x
 
(b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS*
 
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)                                                                                    o
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New York
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
1,620,519  (see Item 5)
8
SHARED VOTING POWER
 
0 (see Item 5)
9
SOLE DISPOSITIVE POWER
1,620,519  (see Item 5)
10
SHARED DISPOSITIVE POWER
0 (see Item 5)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,620,519  (see Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*                                                                                                           o
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.9%
14
TYPE OF REPORTING PERSON*
 
OO


 
 
 
SCHEDULE 13D/A

CUSIP No. 219141108
Page 7 of 11 Pages
 
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Wynnefield Capital, Inc.
13-3688495
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) x
 
(b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS*
 
N/A
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)                                                                                   o
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
897,600 (see Item 5)
8
SHARED VOTING POWER
 
0 (see Item 5)
9
SOLE DISPOSITIVE POWER
897,600 (see Item 5)
10
SHARED DISPOSITIVE POWER
0 (see Item 5)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
897,600 (see Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*                                                                                                           o
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.1%
14
TYPE OF REPORTING PERSON*
 
CO


 
 
 
SCHEDULE 13D/A

CUSIP No. 219141108
Page 8 of 11 Pages
 
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Nelson Obus
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) x
 
(b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS*
 
N/A
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)                                                                                   o
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
30,800 (see Item 5)
8
SHARED VOTING POWER
 
2,518,119 (see Item 5)
9
SOLE DISPOSITIVE POWER
30,800 (see Item 5)
10
SHARED DISPOSITIVE POWER
2,518,119 (see Item 5)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,548,919 (see Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*                                                                                                           o
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.3%
14
TYPE OF REPORTING PERSON*
 
IN


 
 
 
SCHEDULE 13D/A

CUSIP No. 219141108
Page 9 of 11 Pages
 
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Joshua Landes
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) x
 
(b) o
3
SEC USE ONLY
 
4
SOURCE OF FUNDS*
 
N/A
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(E)                                                                                   o
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
0 (see Item 5)
8
SHARED VOTING POWER
 
2,518,119 (see Item 5)
9
SOLE DISPOSITIVE POWER
0 (see Item 5)
10
SHARED DISPOSITIVE POWER
2,518,119 (see Item 5)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,518,119 (see Item 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*                                                                                                           o
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.1%
14
TYPE OF REPORTING PERSON*
 
IN



 
 
 
SCHEDULE 13D/A

CUSIP No. 219141108
Page 10 of 11 Pages
 
 
This Amendment No. 6 (the “Amendment”) amends the Statement of Beneficial Ownership on Schedule 13D originally filed with the Securities and Exchange Commission on December 6, 2006 and as further amended by Amendment No.1 filed on January 17, 2007, Amendment No. 2 filed on January 19, 2007, Amendment No.3 filed on March 15, 2007, Amendment No. 4 filed on April 3, 2007, and Amendment No. 5 filed on December 16, 2008 (as so amended, the “Schedule 13D”), by the Wynnefield Reporting Persons (as defined in the Schedule 13D) with respect to shares of common stock, par value $0.001 (the “Common Shares”), of Cornell Companies, Inc. (the “Issuer”), whose principal executive offices are located at 1700 West Loop South, Suite 1500, Houston, Texas 77027. Unless specifically amended hereby, the disclosures set forth in the Schedule 13D shall remain unchanged. Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Schedule 13D.

Item 4.
Purpose of Transaction.

Item 4 of the Schedule 13D is hereby amended by the addition of the following:
 
On March 5, 2009, the Wynnefield Reporting Persons delivered a notice terminating, effective as of March 9, 2009, the Rule 10b5-1 stock trading plan (the “Sales Plan”) previously entered into with Avondale Partners, LLC on December 12, 2008 with respect to the sale of shares of the Issuer’s Common Stock.  As of the effective date of the termination of the Sales Plan, no shares of the Issuer’s Common Stock have been sold pursuant to the Sales Plan.

Item 6.
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 
Item 6 of the Schedule 13D is hereby amended by the addition of the following:

The description of the termination of the Sales Plan described in Item 4 above is incorporated herein by reference.
 
[Signature Page Follows:]

 
 
 
SCHEDULE 13D/A

CUSIP No. 219141108
Page 11 of 11 Pages

 
Signature

After reasonable inquiry and to the best of my knowledge and belief, the undersigned each certifies that the information set forth in this statement is true, complete and correct.

Date: March 10, 2009
 
 
Wynnefield Partners Small Cap Value, L.P.
 
By: Wynnefield Capital Management, LLC, its General Partner
  
       
 
By:
/s/ Nelson Obus  
    Nelson Obus, Co-Managing Member  
       
       
 
 
Wynnefield Partners Small Cap Value, L.P. I
 
By: Wynnefield Capital Management, LLC, its General Partner
  
       
 
By:
/s/ Nelson Obus  
    Nelson Obus, Co-Managing Member  
       
       

 
Wynnefield Partners Small Cap Value Offshore Fund, Ltd.
 
By: Wynnefield Capital, Inc., its Investment Manager
  
       
 
By:
/s/ Nelson Obus  
    Nelson Obus, President  
       
       
 
  Wynnefield Capital Management, LLC  
       
 
By:
/s/ Nelson Obus  
   
Nelson Obus, Co-Managing Member
  
       
       

  Wynnefield Capital, Inc.  
       
 
By:
/s/ Nelson Obus  
   
Nelson Obus, President
  
       
       
 
  Channel Partnership II, L.P.  
       
 
By:
/s/ Nelson Obus  
   
Nelson Obus, General Partner
  
       
       
 
     
       
 
By:
/s/ Nelson Obus  
   
Nelson Obus, Individually
  
       
       
 
     
       
 
By:
/s/ Joshua H. Landes  
   
Joshua H. Landes, Individually
  
       
       

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