-----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, Fr29zagWx2ZL3oOpO1Gnj0SanAor969EXFiFQnFJ89C7MKCg2eRqYdxe63JyMV31 fcnJELBhLEWcADIaCBo9DA== 0000950142-07-001373.txt : 20070612 0000950142-07-001373.hdr.sgml : 20070612 20070612172048 ACCESSION NUMBER: 0000950142-07-001373 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20070612 DATE AS OF CHANGE: 20070612 GROUP MEMBERS: HARBERT MANAGEMENT CORPORATION GROUP MEMBERS: HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. GROUP MEMBERS: HARBINGER CAPITAL PARTNERS OFFSHORE MANAGER, L.L.C. GROUP MEMBERS: HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P. GROUP MEMBERS: HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS GP, LLC GROUP MEMBERS: HMC - NEW YORK, INC. GROUP MEMBERS: HMC INVESTORS, L.L.C. GROUP MEMBERS: MICHAEL D. LUCE GROUP MEMBERS: PHILIP FALCONE GROUP MEMBERS: RAYMOND J. HARBERT SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RYERSON INC. CENTRAL INDEX KEY: 0000790528 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051] IRS NUMBER: 363425828 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38287 FILM NUMBER: 07915743 BUSINESS ADDRESS: STREET 1: 2621 WEST 15TH PLACE CITY: CHICAGO STATE: IL ZIP: 60608 BUSINESS PHONE: 7737622121 MAIL ADDRESS: STREET 1: 2621 WEST 15TH PLACE CITY: CHICAGO STATE: IL ZIP: 60608 FORMER COMPANY: FORMER CONFORMED NAME: RYERSON TULL INC /DE/ DATE OF NAME CHANGE: 19990301 FORMER COMPANY: FORMER CONFORMED NAME: INLAND STEEL INDUSTRIES INC /DE/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. CENTRAL INDEX KEY: 0001233563 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O INTERNATIONAL FUND SERVICES LIMITED STREET 2: THIRD FL, BISHOP'S SQUARE REDMOND'S HILL CITY: DUBLIN 2 STATE: L2 ZIP: 00000 BUSINESS PHONE: 2125216972 MAIL ADDRESS: STREET 1: C/O INTERNATIONAL FUND SERVICES LIMITED STREET 2: THIRD FL, BISHOP'S SQUARE REDMOND'S HILL CITY: DUBLIN 2 STATE: L2 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: HARBERT DISTRESSED INVESTMENT MASTER FUND LTD DATE OF NAME CHANGE: 20030516 SC 13D/A 1 sc13da2_ryerson.txt AMENDMENT NO. 2 =============================================================================== UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (AMENDMENT NO. 2) RYERSON INC. (Name of Issuer) COMMON STOCK ($1.00 PAR VALUE PER SHARE) (Title of Class of Securities) 78375P107 (CUSIP Number) WILLIAM R. LUCAS, JR. ONE RIVERCHASE PARKWAY SOUTH BIRMINGHAM, ALABAMA 35244 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JUNE 11, 2007 (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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [_] 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 to whom copies are to be sent. (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 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 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. 78375P107 Page 2 of 16 SCHEDULE 13D - -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Harbinger Capital Partners Master Fund I, Ltd. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - -------------------------------------------------------------------------------- 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) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- ------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED 2,500,000 ------------------------------------------------ BY EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,500,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,500,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.5% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- CUSIP No. 78375P107 Page 3 of 16 SCHEDULE 13D - -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Harbinger Capital Partners Offshore Manager, L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 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 OWNED 2,500,000 ------------------------------------------------ BY EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,500,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,500,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.5% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- CUSIP No. 78375P107 Page 4 of 16 SCHEDULE 13D - -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) HMC Investors, L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 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 OWNED 2,500,000 ------------------------------------------------ BY EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,500,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,500,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.5% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- CUSIP No. 78375P107 Page 5 of 16 SCHEDULE 13D - -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Harbinger Capital Partners Special Situations Fund, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - -------------------------------------------------------------------------------- 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) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- ------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED 50,000 ------------------------------------------------ BY EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 50,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 50,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- CUSIP No. 78375P107 Page 6 of 16 SCHEDULE 13D - -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Harbinger Capital Partners Special Situations GP, LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 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 OWNED 50,000 ------------------------------------------------ BY EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 50,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 50,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- CUSIP No. 78375P107 Page 7 of 16 SCHEDULE 13D - -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) HMC - New York, Inc. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 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 -0- ------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED 50,000 ------------------------------------------------ BY EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 50,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 50,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- CUSIP No. 78375P107 Page 8 of 16 SCHEDULE 13D - -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Harbert Management Corporation - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Alabama - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- ------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED 2,550,000 ------------------------------------------------ BY EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,550,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,550,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- CUSIP No. 78375P107 Page 9 of 16 SCHEDULE 13D - -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Philip Falcone - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- ------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED 2,550,000 ------------------------------------------------ BY EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,550,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,550,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- CUSIP No. 78375P107 Page 10 of 16 SCHEDULE 13D - -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Raymond J. Harbert - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- ------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED 2,550,000 ------------------------------------------------ BY EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,550,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,550,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- CUSIP No. 78375P107 Page 11 of 16 SCHEDULE 13D - -------------------------------------------------------------------------------- NAME OF REPORTING PERSON 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Michael D. Luce - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- ------------------------------------------------ SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED 2,550,000 ------------------------------------------------ BY EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------ 10 SHARED DISPOSITIVE POWER 2,550,000 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,550,000 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.7% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- CUSIP No. 78375P107 Page 12 of 16 Item 1. SECURITY AND ISSUER. This Amendment No. 2 to Schedule 13D ("Amendment No. 2") is being filed by Harbinger Capital Partners Master Fund I, Ltd. (the "Master Fund"), Harbinger Capital Partners Offshore Manager, L.L.C. ("Harbinger Manager"), the investment manager of the Master Fund, HMC Investors, L.L.C., its managing member ("HMC Investors"), Harbinger Capital Partners Special Situations Fund, L.P. (the "Special Fund"), Harbinger Capital Partners Special Situations GP, LLC, the general partner of the Special Fund ("HCPSS"), HMC - New York, Inc., the managing member of HCPSS ("HMCNY"), Harbert Management Corporation ("HMC"), the managing member of HMC Investors and the parent of HMCNY, Philip Falcone, a shareholder of HMC and the portfolio manager of the Master Fund and the Special Fund, Raymond J. Harbert , a shareholder of HMC, and Michael D. Luce, a shareholder of HMC (each of the Master Fund, Harbinger Manager, HMC Investors, HMC, Special Fund, HCPSS, HMCNY, Philip Falcone, Raymond J. Harbert and Michael D. Luce may be referred to herein as a "Reporting Person" and collectively may be referred to as "Reporting Persons"), to amend the Schedule 13D filed by the Reporting Persons on December 13, 2006, as amended by Amendment No. 1 on January 3, 2007 (the "Schedule 13D"), with respect to the Common Stock, $1.00 per share par value of Ryerson Inc. (the "Issuer"). The address of the Issuer is 2621 West 15th Place, Chicago, Illinois 60608. Unless otherwise indicated herein, terms used and defined in the Schedule 13D shall have the same respective meanings herein as are ascribed to such terms in the Schedule 13D. Item 4. PURPOSE OF TRANSACTION. Item 4 of the Schedule 13D is hereby amended by inserting the following as a new paragraph at the end of such Item and prior to the legend titled "IMPORTANT INFORMATION": "On June 11, 2007, the Master Fund and the Special Fund filed a complaint (the "Complaint") against the Issuer in the Court of Chancery of the State of Delaware in and for New Castle County (the "Court"). The complaint seeks compel the Issuer to hold its 2007 Annual Meeting of Stockholders (the "2007 Annual Meeting"). As described in the Complaint, on March 6, 2007, the Issuer announced that it was postponing the 2007 Annual Meeting, which had been scheduled for May 11, 2007 in order to continue a previously announced review of strategic alternatives and, as of the date of the Complaint, has refused to reschedule the 2007 Annual Meeting. The last annual meeting of the Issuer's stockholders was held on May 9, 2006. Under Section 211 of the Delaware General Corporation Law, any stockholder may petition the Court to compel that an annual meeting of stockholders be conducted if a company fails to hold an annual meeting or take action by written consent to elect directors for a period of 13 months after its last annual meeting. The Complaint requests that the Court enter an order (i) summarily directing that the Issuer hold its 2007 Annual Meeting on a date certain no later than 45 days after the order and setting the record date on which those stockholders entitled to vote shall be determined, (ii) stating that the shares of stock represented at the court-scheduled 2007 Annual Meeting, either in person or by proxy, shall constitute a quorum under the Issuer's bylaws or certificate of incorporation, (iii) awarding the plaintiffs their costs and expenses in bringing the action, including reasonable attorney fees and (iv) granting such additional relief as the Court deems just and equitable. The description of the Complaint contained herein is qualified in its entirety by the actual terms of the Complaint, which is attached as Exhibit E hereto and is incorporated herein by reference." Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Item 6 of the Schedule 13D is hereby amended by replacing such item in its entirety with the following: "The Master Fund and the Special Fund have entered into total return swap agreements (cash settlement) relating to the Issuer's common stock. These swap agreements have the effect of increasing or decreasing the Reporting Persons' economic exposure to the Issuer's common stock without conferring voting or dispositive power over the notional number of shares referred to in such agreements. The Master Fund and the Special Fund have changed, and may from time to time change, the notional number of shares referred to in such agreements." Item 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit E: Complaint filed on June 11, 2007 by Master Fund and Special Fund against the Issuer. CUSIP No. 78375P107 Page 14 of 16 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. HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. By: Harbinger Capital Partners Offshore Manager, L.L.C. By: HMC Investors, L.L.C., Managing Member By: /s/ Joel B. Piassick ------------------------------------- Name: Joel B. Piassick Title: Executive Vice President HARBINGER CAPITAL PARTNERS OFFSHORE MANAGER, L.L.C.* By: HMC Investors, L.L.C., Managing Member By: /s/ Joel B. Piassick ------------------------------------- Name: Joel B. Piassick Title: Executive Vice President HMC INVESTORS, L.L.C.* By: /s/ Joel B. Piassick ------------------------------------- Name: Joel B. Piassick Title: Executive Vice President CUSIP No. 78375P107 Page 14 of 16 HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P. By: Harbinger Capital Partners Special Situations GP, LLC By: HMC - New York, Inc., Managing Member By: /s/ William R. Lucas, Jr. ------------------------------------- Name: William R. Lucas, Jr. Title: Senior Vice President & General Counsel HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS GP, LLC.* By: HMC - New York, Inc., Managing Member By: /s/ William R. Lucas, Jr. ------------------------------------- Name: William R. Lucas, Jr. Title: Senior Vice President & General Counsel HMC - NEW YORK, INC.* By: /s/ William R. Lucas, Jr. ------------------------------------- Name: William R. Lucas, Jr. Title: Senior Vice President & General Counsel HARBERT MANAGEMENT CORPORATION* By: /s/ William R. Lucas, Jr. ------------------------------------- Name: William R. Lucas, Jr. Title: Executive Vice President CUSIP No. 78375P107 Page 15 of 16 /s/ Philip Falcone ------------------------------------------ Name: Philip Falcone* /s/ Raymond J. Harbert ------------------------------------------ Name: Raymond J. Harbert* /s/ Michael D. Luce ------------------------------------------ Name: Michael D. Luce* June 12, 2007 *The Reporting Persons disclaim beneficial ownership in the shares reported herein. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). EX-99 2 ex-e_sc13da2.txt EXHIBIT E EXHIBIT E --------- IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE IN AND FOR NEW CASTLE COUNTY HARBINGER CAPITAL PARTNERS ) MASTER FUND I, LTD. AND HARBINGER ) CAPITAL PARTNERS SPECIAL ) SITUATIONS FUND, L.P. ) ) Plaintiffs, ) ) v. ) C.A. No. __________ ) RYERSON INC., ) ) Defendant. ) COMPLAINT Plaintiffs, Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund, L.P. (together, "Harbinger"), by and through their undersigned attorneys, bring this action against defendant Ryerson Inc. ("Ryerson") seeking an order from this Court requiring that Ryerson conduct its 2007 Annual Meeting of Stockholders (the "2007 Annual Meeting") pursuant to 8 Del. C. Section 211 ("Section 211"). INTRODUCTION 1. This action seeks to require Ryerson to conduct its 2007 Annual Meeting. 2. Under 8 Del. C. Section 211(c), Ryerson's stockholders are entitled to an annual meeting within 13 months after the last annual meeting. The last annual meeting of Ryerson's stockholders was held on May 9, 2006. Thus, 8 Del. C. Section 211(c) mandates that the 2007 Annual Meeting be held no later than June 9, 2007. 3. Though Ryerson previously scheduled an annual meeting for May 11, 2007, Ryerson has canceled that meeting and has refused to reschedule the 2007 Annual Meeting. 4. Ryerson's stated reason for canceling the previously scheduled date for the 2007 Annual Meeting was to review certain "strategic alternatives." Perhaps more to the point, Ryerson canceled the previously scheduled date for the 2007 Annual Meeting after Harbinger advised the Ryerson Board of Directors (the "Ryerson Board") of its intention to nominate a new slate of directors for election to the Ryerson Board at the next stockholder meeting. 5. But under Delaware law, the reason for Ryerson's cancellation of the previously scheduled 2007 Annual Meeting and its refusal to reschedule the 2007 Annual Meeting is irrelevant. The only relevant issue under Section 211 is that the Ryerson stockholders have been denied their right under Delaware law to an annual meeting within 13 months after the date of the last annual meeting. 6. June 9, 2007 has now passed, and Ryerson has failed to meet its obligation under Delaware law to hold an annual meeting within 13 months of the last annual meeting. This action seeks an order requiring Ryerson to conduct the 2007 Annual Meeting on a date no later than forty-five (45) days from the entry of the Court's order. PARTIES ------- 7. Plaintiff Harbinger Capital Partners Master Fund I, Ltd. is the beneficial holder of an aggregate of 2,500,000 shares of Ryerson's common stock, representing approximately 9.7% of the outstanding shares, including 1,000 shares for which it is the record owner. Harbinger Capital Partners Master Fund I, Ltd.'s principal 2 executive offices are located at c/o International Funds Services Ltd., Third Floor, Bishop's Square, Redmond's Hill, Dublin, Ireland. 8. Plaintiff Harbinger Capital Partners Special Situations Fund, L.P. is the beneficial holder of 50,000 shares of Ryerson's common stock, including 1,000 shares for which it is the record owner. Harbinger Capital Partners Special Situations Fund, L.P.'s principal executive offices are located at 555 Madison Avenue, 16th Floor, New York, New York 10022. 9. Defendant Ryerson, a New York Stock Exchange-listed distributor and processor of metals, is a corporation organized under the laws of the State of Delaware. Ryerson's principal executive offices are located at 2621 West 15th Place, Chicago, Illinois 60608. FACTS ----- 10. Ryerson held its last annual stockholders meeting on May 9, 2006. 11. Harbinger initially acquired its shares in Ryerson because it believed that Ryerson represented an attractive investment. Harbinger first reported its investment on a Schedule 13G filed on November 27, 2006. 12. Following that filing, Harbinger examined the financial and operating performance of Ryerson and became increasingly concerned that the Ryerson Board and Ryerson's senior management had not been appropriately vigilant in their management of Ryerson. In particular, Harbinger believed that the Ryerson Board had not been attentive to Ryerson's profitability and management of inventory. 13. On December 13, 2006, Harbinger filed a Schedule 13D with respect to its investment. In the Schedule 13D, Harbinger disclosed that it was considering a range of actions to encourage the current Ryerson Board to improve 3 Ryerson's performance. Harbinger further disclosed that it was considering nominating one or more persons for election to the Ryerson Board at the 2007 Annual Meeting. 14. Subsequent to the filing of the Schedule 13D and further investigation, Harbinger concluded that the most appropriate course of action to enhance stockholder value was to nominate a new slate of directors for election to the Ryerson Board. 15. On January 2, 2007, in accordance with Ryerson's bylaws and applicable law, Harbinger submitted a notice (the "Harbinger Notice") to Ryerson's corporate secretary, advising of Harbinger's intent to present a slate of nominees for election to the Ryerson Board and to present certain related proposals for stockholder approval at the 2007 Annual Meeting. 16. Later on January 2, 2007, Ryerson issued a press release stating that the Harbinger Notice had been forwarded to the Ryerson Board and the nominating and governance committee for review. 17. On February 14, 2007, in connection with its announcement of fourth quarter 2006 and year end results, Ryerson announced that it would oppose Harbinger's efforts to elect a new board and would investigate strategic alternatives. 18. On March 6, 2007, Ryerson issued a press release announcing that it was postponing the 2007 Annual Meeting, which originally had been scheduled for May 11, 2007, in order to continue reviewing strategic alternatives. 19. That same day, March 6, 2007, Harbinger issued a press release stating that it was disappointed with the Ryerson Board's decision and asserting that 4 Ryerson's stockholders deserved an opportunity to be heard at the earliest possible date and to vote for directors with the experience necessary to drive performance. 20. On May 14, 2007, following Ryerson's announcement of first quarter 2007 results, Lawrence Clark of Harbinger wrote to Ryerson's Chairman, President and Chief Executive Officer again expressing the need for the 2007 Annual Meeting and stockholder vote at the soonest possible date. 21. The Ryerson Board has refused to reschedule the 2007 Annual Meeting, even as it has failed to provide any substantive information regarding the status of its review of strategic alternatives begun more than three-and-a-half months ago. 22. Thirteen months have now passed since Ryerson's last annual meeting, and Ryerson has failed to conduct the 2007 Annual Meeting within the time frame mandated by Section 211(c). COUNT I: FOR AN ORDER PURSUANT TO 8 DEL. C. SECTION 211(C) ---------------------------------------------------------- SCHEDULING THE 2007 ANNUAL MEETING ---------------------------------- 23. Harbinger repeats and re-alleges each of the allegations contained in paragraphs 1 through 22 above. 24. Pursuant to Section 211(c), any stockholder or director of a Delaware corporation may apply to have the Court of Chancery summarily order that an annual stockholder meeting be held if there is a failure to hold the annual meeting within 13 months after the date of the last annual meeting. 25. Ryerson's last annual meeting was May 9, 2006. The Ryerson Board canceled the 2007 Annual Meeting scheduled for May 11, 2007, and has refused to announce another date for the 2007 Annual Meeting. 5 26. Under Section 211(c), the reasons for a company's cancellation of an annual meeting or failure to hold an annual meeting are irrelevant. Rather, the only issue under Section 211(c) is that the Ryerson stockholders have been denied their right under Delaware law to an annual meeting within 13 months after the date of the last annual meeting. 27. Harbinger submits this application pursuant to Section 211(c) for an order to direct Ryerson to conduct the 2007 Annual Meeting as required by Delaware law. Harbinger respectfully requests that the Court direct the 2007 Annual Meeting be held on a date certain that is no later than forty-five (45) days after the Order is entered in this action. This time period will permit Harbinger adequate time and opportunity to assemble proxy materials, as well as satisfy the 10-day notice requirement of Ryerson's bylaws. 28. Also pursuant to Section 211(c), Harbinger requests the Court order that "shares of stock represented at such meeting, either in person or by proxy, and entitled to vote thereat, shall constitute a quorum for the purpose of such meeting," notwithstanding any contrary provision in Ryerson's bylaws or certificate of incorporation. 29. Harbinger has no adequate remedy at law. 6 WHEREFORE, Harbinger respectfully requests that this Court enter an order: A. Summarily directing, pursuant to 8 Del. C. Section 211, that Ryerson hold its 2007 Annual Meeting for the election of directors on a date certain no later than forty-five (45) days after the Order is entered in this action, and setting the record date on which those stockholders entitled to vote shall be determined; B. Stating that the shares of stock represented at the court-scheduled 2007 Annual Meeting, either in person or by proxy, shall constitute a quorum, whether or not such shares constitute a quorum under Ryerson's bylaws or certificate of incorporation; C. Awarding Harbinger its costs and expenses in bringing this action, including its reasonable attorney fees; and D. Granting such additional relief that the Court deems just and equitable. Respectfully Submitted, YOUNG, CONAWAY, STARGATT & TAYLOR LLP By: /s/ Dawn M. Jones ----------------------------------- Bruce L. Silverstein (No. 2495) Christian Douglas Wright (No. 3554) Dawn M. Jones (No. 4270) The Brandywine Building 1000 West Street, 17th Floor Wilmington, DE 19899 Telephone: (302) 571-6659 Facsimile: (302) 576-3335 7 Of Counsel PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP Leslie G. Fagen Joyce S. Huang Kristy M. Tillman 1285 Avenue of the Americas New York, NY 10019-6064 Telephone: (212) 373-3000 Facsimile: (212) 757-3990 Dated June 11, 2007 8 -----END PRIVACY-ENHANCED MESSAGE-----