-----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, K50+5xLUIAoMmPPl9g3DqmQLKol1K1z7G9Sp8yHmX58Q7jC2mU7gQZBaBHjhhYn+ 3qXoAdE7P7KOTtduHBTOwg== 0000950129-96-002599.txt : 19961027 0000950129-96-002599.hdr.sgml : 19961027 ACCESSION NUMBER: 0000950129-96-002599 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961024 SROS: NONE GROUP MEMBERS: A. TORREY READE GROUP MEMBERS: ARIK YALE PRAWER GROUP MEMBERS: CCF/JUPITER, L.P. GROUP MEMBERS: D.O. NELSON GROUP MEMBERS: DJ INVESTORS, L.P. GROUP MEMBERS: DN FUNDING CORP. GROUP MEMBERS: FRANCISCO A. GARCIA GROUP MEMBERS: FUND AMERICAN ENTERPRISES HOLDINGS, INC. GROUP MEMBERS: FUND AMERICAN ENTERPRISES, INC. GROUP MEMBERS: FUND AMERICAN INVESTMENT SUBSIDIARY I, INC. GROUP MEMBERS: GEORGE F. BAKER GROUP MEMBERS: GEORGE SOROS GROUP MEMBERS: J/D FUNDING CORP. GROUP MEMBERS: JUPITER INVESTMENT COMPANY, INC. GROUP MEMBERS: JUPITER MANAGEMENT CO., INC. GROUP MEMBERS: NATALIE THOMPSON DEFINED BENEFIT PENSION PLAN GROUP MEMBERS: NEPTUNE 1989 INVESTORS LIMITED GROUP MEMBERS: NEPTUNE 1989C OFFSHORE INVESTORS LIMITED GROUP MEMBERS: NEPTUNE PARTNERS 1989A, L.P. GROUP MEMBERS: QUANTUM FUND N.V. GROUP MEMBERS: THOMPSON DOUGLAS B SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VERITAS DGC INC CENTRAL INDEX KEY: 0000028866 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 760343152 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-17734 FILM NUMBER: 96647504 BUSINESS ADDRESS: STREET 1: 3701 KIRBY DR STREET 2: STE 112 CITY: HOUSTON STATE: TX ZIP: 77098 BUSINESS PHONE: 7135265611 MAIL ADDRESS: STREET 1: 3701 KIRBY DRIVE SUITE 112 CITY: HOUSTON STATE: TX ZIP: 77098 FORMER COMPANY: FORMER CONFORMED NAME: DIGICON INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: THOMPSON DOUGLAS B CENTRAL INDEX KEY: 0001025849 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3701 KIRBY DRIVE CITY: HOUSTON STATE: TX ZIP: 77098 BUSINESS PHONE: 4072311645 MAIL ADDRESS: STREET 1: 3701 KIRBY DRIVE CITY: HOUSTON STATE: TX ZIP: 77098 SC 13D/A 1 VERTIAS DGC, INC. - DOUGLAS B. THOMPSON - AMEND.10 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 10)* VERITAS DGC, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 92343P 107 ----------------------------------- (CUSIP Number) T. William Porter Porter & Hedges, L.L.P. 700 Louisiana, 35th Floor Houston, Texas 77002 (713) 226-0635 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 30, 1996 ----------------------------------- (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 Rule 13d-1(b)(3) or (4), check the following box / /. Check the following box if a fee is being paid with the statement / /. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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 disclosures provided in a prior cover page. The information required on 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 ("Act") 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). 2 CUSIP NO. 92343P 107 PAGE 2 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DN FUNDING CORP. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 3 CUSIP NO. 92343P 107 PAGE 3 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CCF/JUPITER, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 490,287** SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 490,287** PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 490,287** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! ** Includes warrants to acquire 34,800 shares. 4 CUSIP NO. 92343P 107 PAGE 4 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DJ INVESTORS, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 107,227 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 107,227 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 107,227 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 5 CUSIP NO. 92343P 107 PAGE 5 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON JUPITER INVESTMENT COMPANY, INC. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 17,451 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 17,451 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 17,451 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 6 CUSIP NO. 92343P 107 PAGE 6 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON J/D FUNDING CORP. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 146,224 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 146,224 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 146,224 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 7 CUSIP NO. 92343P 107 PAGE 7 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON QUANTUM FUND N.V. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Netherlands Antilles - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0-(1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IV; CO - -------------------------------------------------------------------------------- (1) See Item 5. *SEE INSTRUCTION BEFORE FILLING OUT! 8 CUSIP NO. 92343P 107 PAGE 8 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON GEORGE SOROS - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 983,930(1) - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN; IA - -------------------------------------------------------------------------------- (1) See Item 5. *SEE INSTRUCTION BEFORE FILLING OUT! 9 CUSIP NO. 92343P 107 PAGE 9 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FUND AMERICAN INVESTMENT SUBSIDIARY I, INC. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 10 CUSIP NO. 92343P 107 PAGE 10 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FUND AMERICAN ENTERPRISES, INC. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 719,895 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 719,895 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 719,895 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 11 CUSIP NO. 92343P 107 PAGE 11 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FUND AMERICAN ENTERPRISES HOLDINGS, INC. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 115,000 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 115,000 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 115,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 12 CUSIP NO. 92343P 107 PAGE 12 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON NEPTUNE 1989 INVESTORS LIMITED - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 30,173 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 30,173 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,173 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 13 CUSIP NO. 92343P 107 PAGE 13 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON NEPTUNE 1989C OFFSHORE INVESTORS LIMITED - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 32,311 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 32,311 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 32,311 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 14 CUSIP NO. 92343P 107 PAGE 14 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON NEPTUNE PARTNERS 1989A, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 46,092 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 46,092 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 46,092 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 15 CUSIP NO. 92343P 107 PAGE 15 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FRANCISCO A. GARCIA - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Spain - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 108,576 OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH 108,576 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 108,576 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 16 CUSIP NO. 92343P 107 PAGE 16 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON A. TORREY READE - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 108,576 OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH 108,576 - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 108,576 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 17 CUSIP NO. 92343P 107 PAGE 17 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DOUGLAS B. THOMPSON - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 24,467** SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 163,675*** OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 24,467** PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH 163,675*** - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 188,142**, *** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! **Includes options to acquire 13,332 shares. ***Includes warrants to acquire 42,000 shares. 18 CUSIP NO. 92343P 107 PAGE 18 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON D.O. NELSON - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 19 CUSIP NO. 92343P 107 PAGE 19 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON NATALIE THOMPSON DEFINED BENEFIT PENSION PLAN - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 30,100 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 30,100 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,100 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* EP - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 20 CUSIP NO. 92343P 107 PAGE 20 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ARIK YALE PRAWER - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 5,866 SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 5,866 PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,866 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) -% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 21 CUSIP NO. 92343P 107 PAGE 21 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON JUPITER MANAGEMENT CO., INC. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 42,000** SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 42,000** PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 42,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.3% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! **Comprised wholly of warrants to acquire shares. 22 CUSIP NO. 92343P 107 PAGE 22 OF 37 PAGES - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON GEORGE F. BAKER - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 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) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 13,332** SHARES ------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY -0- OWNED BY ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING 13,332** PERSON ------------------------------------------------ 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 13,332 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! **Comprised wholly of options to acquire shares. 23 Page 23 of 37 ITEM 1. SECURITY AND ISSUER. This statement is filed with respect to the ordinary shares, par value $.01 per share (the "Common Stock"), of Veritas DGC Inc. (the "Issuer"). The address of the Issuer's principal executive offices is 3701 Kirby Drive, Houston, Texas 77098. ITEM 2. IDENTITY AND BACKGROUND. This filing is being made jointly on behalf of (i) Quantum Fund N.V., a Netherlands Antilles corporation ("Quantum"), (ii) George Soros, (iii) the members of Jupiter & Associates, a New York general partnership ("Jupiter") and certain affiliates of such members, (iv) Neptune Partners - 1989A, L.P., a Delaware limited partnership, Neptune 1989 Investors Limited, a British Virgin Islands company, and Neptune 1989C Offshore Investors Limited, a British Virgin Islands company (collectively, the "Neptune Entities") and Francisco A. Garcia and A. Torrey Reade, who share voting and investment power with respect to the securities held by the Neptune Entities, (v) Fund American Investment Subsidiary I, Inc. ("FAIS"), Fund American Enterprises, Inc. and Fund American Enterprises Holdings, Inc. (formerly known as The Fund American Companies, Inc.), (vi) Douglas B. Thompson ("Thompson"), the sole stockholder of J/D Funding Corp. ("J/D Funding") and Jupiter Investment Company, Inc. ("JIC"), and the chairman of the board and president of Jupiter Management Co., Inc. ("Jupiter Management"), (vii) D.O. Nelson ("Nelson"), the sole stockholder of DN Funding Corp. ("DN Funding"), (viii) Natalie Thompson Defined Benefit Pension Plan (the "Thompson Plan"), (ix) Arik Yale Prawer ("Prawer"), and (x) George F. Baker ("Baker"), general partner of CCF/Jupiter L.P. ("CCF/Jupiter"). Such filing persons are sometimes referred to herein as the "Filing Persons." This statement on Schedule 13D is being filed to report the August 30, 1996, termination of the Funding and Stockholders Agreement dated as of April 9, 1991, by and among Jupiter & Associates, Quantum, ATID II Investors Limited Partnership, JIC, J/D Funding, FAIS, DJ Investors, L.P., CCF/Jupiter, DN Funding, and Digicon Inc. (the "Funding and Stockholder Agreement"), and thus terminate any further filing requirement of the Filing Persons as a "group." Also see Item 4. herein. This statement on Schedule 13D constitutes Amendment No.10 to an initial statement on Schedule 13D dated December 1, 1986 (the "Initial Statement"), and all subsequent amendments thereto (the "Previous Amendments"), on behalf of the Filing Persons. Further information required by this Item 2 of Schedule 13D is contained in the Schedules I or Item 2 to the Initial Statement and the Previous Amendments thereto, which are hereby incorporated by reference herein in their entirety. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to them in the Initial Statement. As amended hereby the Initial Statement and Previous Amendments no longer have any force and effect whatsoever. Each of the Filing Persons takes responsibility for only the information contained herein regarding itself, himself or herself and each Filing Person expressly disclaims responsibility for the information relating to any other Filing Person. 24 Page 24 of 37 ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Item 3 is not applicable. In connection with the termination of the Funding and Stockholder Agreement, the Filing Person(s) did not make, acquire or dispose of any securities of the Issuer. ITEM 4. PURPOSE OF TRANSACTION. As previously disclosed in the Initial Statement and the Previous Amendments all Filing Persons except Baker and Jupiter Management were party to or were bound by the Funding and Stockholders Agreement and therefore, such Filing Persons may have been deemed to have formed a group pursuant to Section 13 of the Securities and Exchange Act of 1934, as amended, and the rules and regulations thereunder. Such group may have been deemed to own beneficially more than 5% of the Issuer's outstanding shares of Common Stock. Additionally, by virtue of its affiliation to certain entities that are party to the Funding and Stockholders Agreement, Baker and Jupiter Management may have been deemed to be part of such group. Effective August 30, 1996, the Funding and Stockholder Agreement was terminated and all restrictions or obligations regarding the voting or transfer of the Issuer's shares or other securities otherwise governed by the Funding and Stockholder Agreement terminated and became of no further force or effect whatsoever. Accordingly, this Amendment No. 10 is being filed to reflect the termination of any group that the Filing Persons may have formed. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. As a result of the termination agreement referred to in Item 7, the understandings and relationships among the Filing Parties with respect to the voting securities of the Issuer of the type referred to in this Item were terminated on August 30, 1996 upon consummation of the business combination between the Issuer and Veritas Energy Services, Inc. Except as set forth below, no Filing Person is the beneficial owner of more than 5% of the outstanding Common Stock. Mr. George Soros may be deemed to be the beneficial owner of 983,930 Ordinary Shares held for the account of Quantum Partners LDC ("Quantum Partners"), whose principal shareholder is Quantum Fund N.V. Quantum Partners has granted investment discretion to Soros Fund Management, of which Mr. Soros is the sole proprietor, pursuant to an investment advisory contract. Accordingly, Mr. Soros may be deemed to have voting and dispositive power over the securities held for the account of Quantum Partners. Reference is made to the Schedule 13D dated September 12, 1996 filed by Mr. Soros, reporting the Ordinary Shares held for the account of Quantum Partners. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Effective August 30, 1996, the Filing Persons do not have any contracts, arrangements, understandings or relationships with respect to any securities of the Issuer. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS. (A) Statement of Joint Filing. (B) Form of Termination Agreement dated July 3, 1996. 25 Page 25 of 37 (C) Quantum power of attorney. (D) Soros power of attorney. 26 Page 26 of 37 SIGNATURES 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. Date: October 18, 1996 CCF JUPITER L.P. By: /s/ GEORGE F. BAKER -------------------------------- George F. Baker General Partner Date: October 18, 1996 JUPITER MANAGEMENT CO., INC. By: /s/ DOUGLAS B. THOMPSON -------------------------------- Douglas B. Thompson President Date: October 18, 1996 /s/ DOUGLAS B. THOMPSON ------------------------------------ Douglas B. Thompson Date: October 18, 1996 /s/ GEORGE F. BAKER ------------------------------------ George F. Baker Date: October 22, 1996 QUANTUM FUND N.V. By: /s/ SEAN S. WARREN -------------------------------- Sean S. Warren, Attorney-in-fact Date: October 22, 1996 GEORGE SOROS By: /s/ SEAN S. WARREN -------------------------------- Sean S. Warren, Attorney-in-fact Date: October 18, 1996 NEPTUNE PARTNERS - 1989A, L.P. By: /s/ FRANCISCO A. GARCIA -------------------------------- Francisco A. Garcia Authorized Representative 27 Page 27 of 37 Date: October 18, 1996 NEPTUNE 1989 INVESTORS LIMITED By: /s/ FRANCISCO A. GARCIA -------------------------------- Francisco A. Garcia Authorized Representative Date: October 18, 1996 NEPTUNE 1989C OFFSHORE INVESTORS LIMITED By: /s/ FRANCISCO A. GARCIA -------------------------------- Francisco A. Garcia Authorized Representative FRANCISCO A. GARCIA ----------------------------------- Francisco A. Garcia Date: October 18, 1996 A. TORREY READE ------------------------------------ A. Torrey Reade Date: October 18, 1996 FUND AMERICAN INVESTMENT SUBSIDIARY I, INC. By: /s/ JEAN C. BROWN -------------------------------- Jean C. Brown President Date: October 18, 1996 FUND AMERICAN ENTERPRISES, INC. By: /s/ JERRY L. BAXTER ---------------------------------- Jerry L. Baxter President 28 Page 28 of 37 Date: October 18, 1996 /s/ DOUGLAS B. THOMPSON ------------------------------------ Douglas B. Thompson Date: October 18, 1996 J/D FUNDING CORP. By: /s/ DOUGLAS B. THOMPSON -------------------------------- Douglas B. Thompson President Date: October 18, 1996 JUPITER INVESTMENT COMPANY, INC. By: /s/ DOUGLAS B. THOMPSON -------------------------------- Douglas B. Thompson President 29 Page 29 of 37 Date: October 18, 1996 JUPITER MANAGEMENT CO., INC. By: /s/ DOUGLAS B. THOMPSON -------------------------------- Douglas B. Thompson President Date: October ___, 1996 DN FUNDING CORP. By: -------------------------------- D.O. Nelson Title: ------------------------------ Date: October ___, 1996 NATALIE THOMPSON DEFINED BENEFIT PENSION PLAN By: -------------------------------- Name: ------------------------------- Title: ------------------------------ Date: October ___, 1996 ------------------------------------ Arik Yale Prawer Date: October 18, 1996 CCF/JUPITER L.P. By: /s/ GEORGE F. BAKER -------------------------------- George F. Baker General Partner 30 Page 30 of 37 EXHIBIT A STATEMENT OF JOINT SCHEDULE 13D FILING The undersigned acknowledge and agree that the foregoing Amendment to the Statement on Schedule 13D with respect to the common stock, par value $.01 per share, of Veritas DGC Inc. shall be filed on behalf of each of them. Dated: October 18, 1996. CCF JUPITER L.P. By: /s/ GEORGE F. BAKER -------------------------------- George F. Baker General Partner JUPITER MANAGEMENT CO., INC. By: /s/ DOUGLAS B. THOMPSON -------------------------------- Douglas B. Thompson President /s/ DOUGLAS B. THOMPSON ------------------------------------ Douglas B. Thompson /s/ GEORGE F. BAKER ------------------------------------ George F. Baker QUANTUM FUND N.V. By: /s/ SEAN S. WARREN -------------------------------- Sean S. Warren Attorney in fact GEORGE SOROS By: /s/ SEAN S. WARREN -------------------------------- Sean S. Warren Attorney in fact 31 Page 31 of 37 NEPTUNE PARTNERS - 1989A, L.P. By: /s/ FRANCISCO A. GARCIA -------------------------------- Francisco A. Garcia, Authorized Representative NEPTUNE 1989 INVESTORS LIMITED By: /s/ FRANCISCO A. GARCIA -------------------------------- Francisco A. Garcia, Authorized Representative NEPTUNE 1989C OFFSHORE INVESTORS LIMITED By: /s/ FRANCISCO A. GARCIA -------------------------------- Francisco A. Garcia, Authorized Representative /s/ FRANCISCO A. GARCIA ------------------------------------ Francisco A. Garcia /s/ A. TORREY READE ------------------------------------ A. Torrey Reade FUND AMERICAN INVESTMENT SUBSIDIARY I, INC. By: /s/ JEAN C. BROWN -------------------------------- Jean C. Brown President 32 Page 32 of 37 FUND AMERICAN ENTERPRISES, INC. By: /s/ JERRY L. BAXTER -------------------------------- Jerry L. Baxter, President /s/ DOUGLAS B. THOMPSON ------------------------------------ Douglas B. Thompson J/D FUNDING CORP. By: /s/ D. B. THOMPSON -------------------------------- D. B. Thompson, President 33 Page 33 of 37 JUPITER INVESTMENT COMPANY, INC. By: /s/ DOUGLAS B. THOMPSON -------------------------------- Douglas B. Thompson, President JUPITER MANAGEMENT CO., INC. By: /s/ DOUGLAS B. THOMPSON -------------------------------- Douglas B. Thompson, President DN FUNDING CORP. By: -------------------------------- D.O. Nelson Title: ------------------------------ NATALIE THOMPSON DEFINED BENEFIT PENSION PLAN By: -------------------------------- Name: ------------------------------- Title: ------------------------------ ------------------------------------ Arik Yale Prawer CCF/JUPITER L.P. By: /s/ GEORGE F. BAKER -------------------------------- George F. Baker General Partner 34 Page 34 of 37 EXHIBIT B [FORM OF TERMINATION AGREEMENT] July 3, 1996 TO THE PERSONS ON THE ATTACHED DISTRIBUTION LIST Re: Digicon Inc. Ladies and Gentlemen: Our respective entities, or parties which are affiliates of such entities, are subject to one or more of the following agreements relating to Digicon Inc.: 1. The Securityholders Agreement dated as of May 1, 1990, among Jupiter Management Company, Jupiter Investment Company, Inc., Cambridge Capital and The Fund American Companies, Inc. (now known as "Fund American Enterprises Holdings, Inc.") (the "1990 Agreement"); 2. The Funding and Stockholders Agreement dated as of April 9, 1991, by and among Jupiter & Associates, Quantum Fund, N.V., ATID II Investors Limited Partnership, Jupiter Investment Company, Inc., J/D Funding Corp., Fund American Investment Subsidiary I, Inc., DJ Investors, L.P., CCF/Jupiter, L.P., DN Funding Corp., and Digicon Inc. (the "1991 Agreement"); and 3. The Agreement dated as of January 21, 1993, among J/D Funding Corp., Jupiter Investment Company, Inc., CCF/Jupiter, L.P., DJ Investors, L.P., Fund American Investment Subsidiary I, Inc., DN Funding Corp., Neptune Partners - 1989A, L.P., Neptune 1989 Investors Limited, Neptune 1989C Offshore Investors Limited, Drake & Co., Restart Partners, L.P., Restart Partners II, L.P., Ingrid Morseman, Natalie Thompson Defined Pension Plan, and Arik Yale Prawer (the "1993 Agreement"). Each of these agreements (collectively, the "Agreements") relate in some manner to various rights and restrictions (both as to voting and to transfers) with respect to securities issued by Digicon. At the time the Agreements were entered into, the rights and restrictions contained therein probably enhanced the value of each party's holdings of Digicon securities. However, with the passage of time and the pending transaction with Veritas Energy Services Inc. ("Veritas"), the Agreements now may unduly limit the parties' flexibility and detract from the value of their holdings. In short, the Agreements have outlived their usefulness. We propose that the Agreements be terminated and that all restrictions or obligations regarding the voting or transfer of Digicon shares or other securities otherwise governed by those Agreements terminate and become of no further force or effect whatsoever as of consummation of the transaction with Veritas (herein, the "Termination of Agreements"). As you know, the merger of Digicon and Veritas (the "Transaction") is pending and is expected to close in August. As a result of the Transaction, the combined Digicon stockholdings of our entities will be below 20% of the outstanding voting shares, thereby rendering certain restrictions contained in Digicon's charter and bylaws no longer applicable. As part of the Transaction, Veritas 35 Page 35 of 37 has requested that each of us expressly (i) waive all rights under Section 8.1 of Digicon's bylaws to require the affirmative vote of at least five of the Jupiter Participants and Quantum Participants (as defined in the bylaws) for approval of certain transactions, (ii) agree that there is no further right to designate any person for election to Digicon's board of directors and (iii) agree that none of the members of Digicon's board are Jupiter designees or Quantum designees. The foregoing agreements and waiver are herein referred to as the "Termination of Organizational Document Provisions"). THE TERMINATION OF THE AGREEMENTS AND TERMINATION OF ORGANIZATIONAL DOCUMENT PROVISIONS WILL BE EFFECTIVE UPON CONSUMMATION OF THE TRANSACTION. IF THE TRANSACTION IS NOT CONSUMMATED, ALL AGREEMENTS CONTAINED HEREIN WILL BE VOID. If the Termination of Agreements and the Termination of Organizational Document Provisions are acceptable to you, please sign both copies of this letter and return one to the undersigned at your earliest convenience. If signed by all necessary parties, we will forward a complete set of signed copies to each of you as soon as we ourselves have received a complete set. Although you hereby acknowledge that the provisions of the Agreements are personal to you, if you are aware that any of the Digicon shares or securities which are subject to the Agreements have been transferred to other entities that may be deemed to be parties to the Agreements, please forward a copy of this letter to such entities. If those entities agree to the foregoing, they should appropriately complete the signature block and give a description as to which of the original parties they are a successor to. PLEASE RETURN THE FULLY EXECUTED COPY OF THIS LETTER AGREEMENT TO THE UNDERSIGNED NOT LATER THAN JULY 17, 1996. Sincerely, JUPITER MANAGEMENT COMPANY By: ------------------------------- AGREED AND ACCEPTED: By: - ------------------------------------- (entity name) By: ---------------------------------- Date: -------------------------------- 2 36 Page 36 of 37 EXHIBIT C POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENT, that the Undersigned, QUANTUM FUND N.V., a corporation organized and existing under the laws of the Netherlands Antilles and domiciled in Curacao, hereby designates, constitutes and appoints SEAN C. WARREN as its agent and attorney-in-fact for the purpose of executing and delivering, in the name and on behalf of the Undersigned, all documents required to be filed with the Securities and Exchange Commission pursuant to Section 13(d) or 16(a) of the Securities Exchange Act of 1934 in connection with the beneficial ownership by the undersigned of any securities of DIGICON INC., including, without limitation: (1) acquisition statements on Schedule 13D and any amendments thereto, (2) any joint filing agreements among the Undersigned, Soros Fund Management and/or George Sorcs (together with such other persons as may be designated by the attorney-in-fact) pursuant to SEC Rule 13d-1(f), (3) any Initial Statements of Beneficial Ownership on Form 3, (4) any Statements of Changes in Beneficial Ownership on Form 4 and (5) any Annual Statement of Changes in Beneficial Ownership on Form 5. IN WITNESS WHEREOF, the Undersigned has caused this instrument to be executed by its Sole Managing Director this 13th day of August, 1992. QUANTUM FUND N.V. By: /s/ [Illegible] --------------------------------- Curacao Corporation Company N.V. Managing Director 37 Page 37 of 37 EXHIBIT D POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that I, GEORGE SOROS, hereby make, constitute and appoint SEAN C. WARREN as my agent and attorney in fact for the purpose of executing in my name, in my personal capacity or in my capacity as sole proprietor of Soros Fund Management: (1) all documents relating to the beneficial ownership of securities required to be filed with the Securities and Exchange Commission (the "SEC") pursuant to Section 13(d) or Section 16(a) of the Securities Exchange Act of 1934 (the "Act") including, without limitation: (a) any acquisition statements on schedule 13D, and any amendments thereto, (b) any joint filing agreements pursuant to Rule 13d-1(f) and (c) any initial statements of, or statements of changes in, beneficial ownership of securities on Form 3 or Form 4 and (2) any information statements on Form 13F required to be filed with the SEC pursuant to Section 13(f) of the Act. This power of attorney shall be valid from the date hereof until revoked by me. IN WITNESS WHEREOF, I have executed this instrument this 11th day of December, 1991. /s/ GEORGE SOROS ----------------------------- GEORGE SOROS -----END PRIVACY-ENHANCED MESSAGE-----