-----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, V2NszOLfxICAlph2bvkJkqx4gE89Gl5JQJNWUe7z+Mql4op3bVm1jtEcYW6igyK5 snwhrytXyJnRL482fB1qnA== 0000891092-09-002774.txt : 20090707 0000891092-09-002774.hdr.sgml : 20090707 20090707160522 ACCESSION NUMBER: 0000891092-09-002774 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090707 DATE AS OF CHANGE: 20090707 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Barzel Industries Inc. CENTRAL INDEX KEY: 0001362614 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310] IRS NUMBER: 204790836 STATE OF INCORPORATION: DE FISCAL YEAR END: 1128 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82742 FILM NUMBER: 09933431 BUSINESS ADDRESS: STREET 1: 320 NORWOOD PARK SOUTH STREET 2: 2ND FLOOR CITY: NORWOOD STATE: MA ZIP: 02062 BUSINESS PHONE: 781-762-0123 MAIL ADDRESS: STREET 1: 320 NORWOOD PARK SOUTH STREET 2: 2ND FLOOR CITY: NORWOOD STATE: MA ZIP: 02062 FORMER COMPANY: FORMER CONFORMED NAME: NOVAMERICAN STEEL INC. DATE OF NAME CHANGE: 20071212 FORMER COMPANY: FORMER CONFORMED NAME: Symmetry Holdings Inc DATE OF NAME CHANGE: 20060512 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SCOPIA MANAGEMENT INC CENTRAL INDEX KEY: 0001279150 IRS NUMBER: 134162637 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 450 SEVENTH AVENUE STREET 2: 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10123 BUSINESS PHONE: 212-370-0303 MAIL ADDRESS: STREET 1: 450 SEVENTH AVENUE STREET 2: 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10123 SC 13G/A 1 e35915sc13ga.txt SCHEDULE 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 1) Barzel Industries Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.001 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 069744100 - -------------------------------------------------------------------------------- (CUSIP Number) June 30, 2009 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) |_| Rule 13d-1(c) |_| Rule 13d-1(d) - ---------- (1) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). - -------------------------------------------------------------------------------- CUSIP No. 069744100 13G/A Page 2 of 12 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: Scopia Management Inc. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 13-416-2637 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- NUMBER OF ---------------------------------------------------------- SHARES 6 SHARED VOTING POWER -0- BENEFICIALLY ---------------------------------------------------------- OWNED BY EACH 7 SOLE DISPOSITIVE POWER -0- REPORTING ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: -0- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0.00% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON:* C0, IA - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 069744100 13G/A Page 3 of 12 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: Matthew Sirovich I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- NUMBER OF ---------------------------------------------------------- SHARES 6 SHARED VOTING POWER -0- BENEFICIALLY ---------------------------------------------------------- OWNED BY EACH 7 SOLE DISPOSITIVE POWER -0- REPORTING ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: -0- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0.00% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON:* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 069744100 13G/A Page 4 of 12 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: Jeremy Mindich I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- NUMBER OF ---------------------------------------------------------- SHARES 6 SHARED VOTING POWER -0- BENEFICIALLY ---------------------------------------------------------- OWNED BY EACH 7 SOLE DISPOSITIVE POWER -0- REPORTING ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: -0- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0.00% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON:* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 069744100 13G/A Page 5 of 12 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: Scopia PX, LLC I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 05-0548220 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- NUMBER OF ---------------------------------------------------------- SHARES 6 SHARED VOTING POWER -0- BENEFICIALLY ---------------------------------------------------------- OWNED BY EACH 7 SOLE DISPOSITIVE POWER -0- REPORTING ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: -0- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0.00% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON:* C0 - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 069744100 13G/A Page 6 of 12 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: Scopia PX International Ltd I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER -0- NUMBER OF ---------------------------------------------------------- SHARES 6 SHARED VOTING POWER -0- BENEFICIALLY ---------------------------------------------------------- OWNED BY EACH 7 SOLE DISPOSITIVE POWER -0- REPORTING ---------------------------------------------------------- PERSON WITH 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: -0- - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0.00% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON:* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 069744100 13G/A Page 7 of 12 Pages - -------------------------------------------------------------------------------- Item 1(a). Name of Issuer: Barzel Industries Inc. -------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: 320 Norwood Park South - 2nd Floor Norwood, MA 02062 -------------------------------------------------------------------- Item 2(a). Name of Persons Filing: Scopia Management Inc. Scopia PX, LLC Matthew Sirovich Scopia PX International Ltd Jeremy Mindich -------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: The principal Business Office of Scopia Management Inc., Scopia PX, LLC, Matthew Sirovich and Jeremy Mindich is: 450 Seventh Avenue, New York, NY 10123 The principal Business Office of Scopia PX International Ltd is: c/o Prime Management Limited Mechanics Building 12 Church Street Hamilton HM 11, Bermuda -------------------------------------------------------------------- Item 2(c). Citizenship: The citizenship of Matthew Sirovich and Jeremy Mindich is: United States Scopia Management Inc. is a New York corporation Scopia PX, LLC is a Delaware corporation. Scopia PX International Ltd is a Bermuda exempted mutual fund company. -------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock, $0.001 par value -------------------------------------------------------------------- Item 2(e). CUSIP Number: 069744100 -------------------------------------------------------------------- Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. - -------------------------------------------------------------------------------- CUSIP No. 069744100 13G/A Page 8 of 12 Pages - -------------------------------------------------------------------------------- (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [X] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)(1); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [X] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G)(2); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. Scopia Management Inc. (a) Amount beneficially owned: 0 -------------------------------------------------------------------- (b) Percent of class: 0.00% -------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote 0 - ---------- (1) These securities are held in the accounts of several investment funds and managed accounts (the "Investment Vehicles") for which Scopia Management Inc. ("Scopia Management") serves as the investment manager. Matthew Sirovich and Jeremy Mindich are the control persons of Scopia Management. Scopia Management and Messrs. Sirovich and Mindich may be deemed to beneficially own the securities held by the Investment Vehicles and Messrs. Sirovich and Mindich's status as the control persons of Scopia Management. - -------------------------------------------------------------------------------- CUSIP No. 069744100 13G/A Page 9 of 12 Pages - -------------------------------------------------------------------------------- (iii) Sole power to dispose or direct the disposition of 0 (iv) Shared power to dispose or direct the disposition of 0 Matthew Sirovich (a) Amount beneficially owned: 0 -------------------------------------------------------------------- (b) Percent of class: 0.00% -------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote 0 (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 0 Jeremy Mindich (a) Amount beneficially owned: 0 -------------------------------------------------------------------- (b) Percent of class: 0.00% -------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote 0 - -------------------------------------------------------------------------------- CUSIP No. 069744100 13G/A Page 10 of 12 Pages - -------------------------------------------------------------------------------- (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 0 Scopia PX, LLC (a) Amount beneficially owned: 0 -------------------------------------------------------------------- (b) Percent of class: 0.00% -------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote 0 (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 0 Scopia PX International Ltd (a) Amount beneficially owned: 0 -------------------------------------------------------------------- (b) Percent of class: 0.00% -------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote 0 - -------------------------------------------------------------------------------- CUSIP No. 069744100 13G/A Page 11 of 12 Pages - -------------------------------------------------------------------------------- (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 0 Item 5. Ownership of Five Percent or Less of a Class.* If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following [X]. -------------------------------------------------------------------- Item 6. Ownership of More Than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. N/A -------------------------------------------------------------------- Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. N/A -------------------------------------------------------------------- Item 8. Identification and Classification of Members of the Group. If a group has filed this schedule pursuant to ss.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed * Scopia PX, LLC and Scopia PX International, Ltd. have ceased to be the beneficial owners of more than 5% of the Issuer's outstanding common stock. - -------------------------------------------------------------------------------- CUSIP No. 069744100 13G/A Page 12 of 12 Pages - -------------------------------------------------------------------------------- this schedule pursuant to ss.240.13d-1(c) or ss.240.13d-1(d), attach an exhibit stating the identity of each member of the group. N/A -------------------------------------------------------------------- Item 9. Notice of Dissolution of Group. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. N/A -------------------------------------------------------------------- Item 10. Certifications. By signing below, each reporting person certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. July 7, 2009 ------------------------------------------------- (Date) SCOPIA MANAGEMENT INC. By: /s/ Jeremy Mindich ------------------------------------------------- Name: Jeremy Mindich Title: President By: /s/ Matthew Sirovich ------------------------------------------------- Name: Matthew Sirovich By: /s/ Jeremy Mindich ------------------------------------------------- Name: Jeremy Mindich SCOPIA PX, LLC By: /s/ Scopia Capital, LLC, Managing Member ------------------------------------------------- Name: Jeremy Mindich Title: Managing Partner SCOPIA PX INTERNATIONAL LTD By: /s/ Scopia Management Inc. Investment Manager ------------------------------------------------- Name: Jeremy Mindich Title: Managing Member Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). Exhibit A AGREEMENT The undersigned agree that this Schedule 13G/A dated July 7, 2009 relating to the Common Stock of Barzel Insustries Inc. shall be filed on behalf of the undersigned. July 7, 2009 Scopia Management Inc. By: /s/ Jeremy Mindich ----------------------------------------------- Name: Jeremy Mindich Title: President By: /s/ Jeremy Mindich ----------------------------------------------- Name: Jeremy Mindich By: /s/ Matthew Sirovich ----------------------------------------------- Name: Matthew Sirovich Scopia PX, LLC. By: /s/ Scopia Capital, LLC, Managing Member ----------------------------------------------- Name: Jeremy Mindich Title: Managing Partner Scopia PX International PX, Ltd By: /s/ Scopia Capital, LLC, Managing Member ----------------------------------------------- Name: Jeremy Mindich Title: Managing Partner -----END PRIVACY-ENHANCED MESSAGE-----