Commission Charges Whittier Trust and Fund Manager in Insider Trading Investigation into Expert Networks
The Securities and Exchange Commission (Commission) today charged a South Pasadena, Calif.-based wealth management company and a former fund manager with insider trading on non-public information about technology companies. The charges are the agency's latest in its ongoing investigation into expert networks and hedge fund trading.
The SEC alleges that Whittier Trust Company and fund manager Victor Dosti participated in an insider trading scheme involving the securities of Dell, Nvidia Corporation, and Wind River Systems. Dosti generated profits and avoided losses for funds he managed at Whittier Trust by trading on confidential information that he obtained from Danny Kuo, a Whittier Trust fund manager who Dosti supervised. Kuo was charged by the SEC in January 2012 and is currently cooperating with the investigation.
Whittier Trust and Dosti agreed to pay nearly $1.7 million to settle the charges.
"Time and again, Dosti received what he knew was inside information from Kuo and traded on it to generate illicit gains for the funds he managed," said Sanjay Wadhwa, Senior Associate Director of the SEC's New York Regional Office. "Now, he and Whittier Trust join a long list of insider trading perpetrators who have been held accountable by the SEC for their transgressions."
The SEC has charged more than three dozen individuals and firms in enforcement actions arising out of its expert networks investigation, which has uncovered widespread insider trading at several hedge funds and other investment advisory firms. The first series of charges were brought in 2011.
According to the SEC's complaint filed in U.S. District Court for the Southern District of New York, Dosti used non-public information obtained from employees at Dell and Nvidia to trade in advance of five quarterly earnings announcements in 2008, 2009 and 2010. Dosti reaped profits and avoided losses of more than $475,000 for Whittier Trust funds. Dosti also made $247,000 in illicit profits for Whittier Trust funds by trading Wind River stock based upon detailed information that Kuo obtained from an Intel employee about Intel's confidential negotiations to acquire Wind River in 2009.
The SEC's complaint charges Whittier Trust and Dosti with violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5, and Section 17(a) of the Securities Act of 1933. Whittier Trust agreed to pay disgorgement of $724,051.62 plus prejudgment interest of $75,296.00 and a penalty of $724,051.62. Dosti agreed to pay disgorgement of $77,900.00 plus prejudgment interest of $2,951.43, and a penalty of $77,900.00. The settlements are subject to court approval and would permanently enjoin Whittier Trust and Dosti from future violations of the antifraud provisions of the federal securities laws. Whittier Trust and Dosti neither admit nor deny the SEC's charges. The SEC acknowledges the cooperation of Whittier Trust in the investigation.
The SEC's investigation has been conducted by Stephen Larson, Daniel Marcus and Joseph Sansone – members of the SEC's Market Abuse Unit in New York – and Matthew Watkins, Justin Smith, Neil Hendelman, Diego Brucculeri, and James D'Avino of the New York Regional Office. The case has been supervised by Sanjay Wadhwa. The SEC appreciates the assistance of the U.S. Attorney's Office for the Southern District of New York and the Federal Bureau of Investigation. (Press Rel. 2013-105)
China Natural Gas and Executive Settle Fraud Charges
The Commission today announced that on June 5, 2013, the U.S. District Court for the Southern District of New York entered settled final judgments as to defendants China-based China Natural Gas Inc. and its chairman and former CEO Qinan Ji. The defendants have agreed to pay penalties to settle fraud charges the SEC brought against them last year for secretly loaning company funds to benefit Ji's son and nephew while failing to disclose the true nature of the loans.
As alleged in the SEC's complaint filed on May 14, 2012, China Natural Gas failed to disclose in 2010 the related-party nature of two loans totaling $14.3 million, which were made to benefit a real estate company that was 90 percent owned by Ji's son and 10 percent owned by Ji's nephew. Ji approved both loans without obtaining prior authorization from the board or informing the CFO, and he repeatedly lied to the board, the auditors, investors, and the company's internal investigators to conceal the related-party nature of the loans. The SEC also alleged that in the fourth quarter of 2008, China Natural Gas paid $19.6 million to acquire a natural gas company, but did not timely and properly report the transaction in its SEC filings.
To settle the SEC's charges, China Natural Gas agreed to pay a penalty of $815,000, and Ji agreed to pay a penalty of $100,000. Ji also agreed to reimburse China Natural Gas his trading profit of $77,479. China Natural Gas consented to the entry of a final judgment enjoining it from violating Section 17(a)(2) of the Securities Act of 1933, Sections 13(a), 13(b)(2)(A), 13(b)(2)(B) and 14(a) of the Securities Exchange Act of 1934 and Exchange Act Rules 12b-20, 13a-1, 13a-11, 13a-13 and 14a-9. Ji consented to the entry of a final judgment enjoining him from violating Section 17(a) of the Securities Act, Sections 10(b), 13(b)(5) and 14(a) of the Exchange Act and Exchange Act Rules 10b-5, 13a-14, 13b2-1, 13b2-2 and 14a-9, and Section 304 of the Sarbanes-Oxley Act of 2002, and from aiding and abetting violations of Sections 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act and Exchange Act Rules 12b-20, 13a-1, 13a-11 and 13a-13, barring him from serving as an officer or director of a public company for 10 years. [SEC v. China Natural Gas, Inc. and Qinan Ji, 12-cv-3824 (S.D.N.Y.) (PGG)) (June 5, 2013)] (LR-22719)
Commission Charges Former Officer of InterMune, Inc. with Insider Trading
On June 6, 2013, the Commission charged Bruce W. Tomlinson, the former vice president of finance, principal accounting officer, and controller of InterMune, Inc., a pharmaceutical company based in Brisbane, California, with having tipped his friend and former business associate, Michael Sarkesian, about material nonpublic information concerning the progress of InterMune's application before a European Union regulatory body to market its drug Esbriet in the EU.
According to the Commission's complaint filed in the U.S. District Court in the Northern District of California, in March 2010, InterMune submitted its marketing application to the European Medicines Agency. The complaint further alleges that an EMA advisory subcommittee, the Committee for Medicinal Products for Human Use (CHMP), began assessing the application and communicating with InterMune. By mid-November 2010, in the course of his employment, Tomlinson allegedly had become privy to material non-public information about the increasing probability that the CHMP would render a positive opinion and faster than had been publicly anticipated by InterMune. The complaint alleges that on November 17, 2010, Tomlinson emailed Sarkesian that, amongst other things, the European regulatory review process appeared "to be moving faster and better" than anticipated and that this impacted on "Company wide strategic decisions." On the basis of that information, Sarkesian allegedly directed the purchase of 400 out-of-the-money call options on InterMune common stock through a brokerage account held in the name of Quorne Limited in advance of a December 17, 2010 announcement that the CHMP had rendered a positive opinion. The price of the options increased over 500% on the news, resulting in $616,000 in alleged imputed profits.
Without admitting or denying the allegations of the complaint, Tomlinson has consented to entry of a final judgment permanently enjoining him from further violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, prohibiting him from serving as an officer or director of a public company for a period of five years, and ordering him to pay a civil penalty of $616,000. Based on the anticipated entry of a final judgment, Tomlinson has also consented to the issuance of an order in a separate administrative proceeding pursuant to which he would be suspended under Rule 102(e)(3) of the Commission's Rules of Practice from appearing or practicing before the Commission as an accountant with a right to apply for reinstatement after five years.
A consent judgment was previously entered against Sarkesian and Quorne Limited pursuant to which, amongst other things, the defendants, without admitting or denying the Commission's allegations, were ordered to disgorge $616,000. SEC v. Quorne Limited and Michael Sarkesian, 10-cv-9560 (GBD) (S.D.N.Y)/Lit. Rel. No. 22312 (March 30, 2012).
The Commission acknowledges the assistance of the Options Regulatory Surveillance Authority, the Swiss Financial Market Supervisory Authority, the Cyprus Securities and Exchange Commission, and the British Virgin Islands Financial Services Commission.
The Commission's investigation is continuing. [SEC v. Bruce W. Tomlinson, Case No. CV 13-2549 (RWW) (N.D. Cal.) (June 7, 2013)] (LR-22717)
Commission Revokes Registration of Securities of Versatech, Inc. (n/k/a Versatech USA) for Failure to Make Required Periodic Filings
On June 7, 2013, the Commission revoked the registration of each class of registered securities of VersaTech, Inc. (n/k/a VersaTech USA ) (VRST) for failure to make required periodic filings with the Commission.
Without admitting or denying the findings in the Order, except as to jurisdiction, which it admitted, VRST consented to the entry of an Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 as to VersaTech, Inc. (n/k/a VersaTech USA) finding that it had failed to comply with Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) and Rules 13a-1 and 13a-13 thereunder and revoking the registration of each class of VRST's securities pursuant to Section 12(j) of the Exchange Act. This order settled the charges brought against VRST in In the Matter of Bloggerwave, Inc., et al., Administrative Proceeding File No. 3-15328.
Brokers and dealers should be alert to the fact that Exchange Act Section 12(j) provides, in pertinent part, as follows:
No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked . . . . (Rel. 34- 69714; File No. 3-15328)
In the Matter of Paul Randall Fraley
The Commission announced the issuance of an Order Making Findings and Imposing Remedial Sanctions Pursuant to Section 15(b) of the Securities Exchange Act of 1934 (Order) against Paul Randall Fraley (Fraley). The Order finds that on September 2, 2011, the United States District Court for the Southern District of California entered a judgment of permanent injunction and other relief against Fraley, which permanently enjoined him from future violations of Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933 and Sections 10(b) and 15(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder.
Based on the above, the Order bars Fraley from association with any broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization, and bars Fraley from participating in any offering of a penny stock, including: acting as a promoter, finder, consultant, agent or other person who engages in activities with a broker, dealer or issuer for purposes of the issuance or trading in any penny stock, or inducing or attempting to induce the purchase or sale of any penny stock. Fraley consented to the issuance of the Order without admitting or denying the findings in the Order, except he admitted the entry of the injunction. (Rel. 34-69720; File No. 3-14576)
Commission Revokes Registration of Securities of Enercorp, Inc. for Failure to Make Required Periodic Filings
On June 7, 2013, the Commission revoked the registration of each class of registered securities of Enercorp, Inc. (ENCP) for failure to make required periodic filings with the Commission.
Without admitting or denying the findings in the Order, except as to jurisdiction, which it admitted, ENCP consented to the entry of an Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 as to Enercorp, Inc. finding that it had failed to comply with Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) and Rules 13a-1 and 13a-13 thereunder and revoking the registration of each class of ENCP's securities pursuant to Section 12(j) of the Exchange Act. This order settled the charges brought against ENCP in In the Matter of Enercorp, Inc., et al., Administrative Proceeding File No. 3-15301.
Brokers and dealers should be alert to the fact that Exchange Act Section 12(j) provides, in pertinent part, as follows:
No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked . . . . (Rel. 34-69713; File No. 3-15301)
Immediate Effectiveness of a Proposed Rule Change
A proposed rule change filed by Chicago Board Options Exchange, Incorporated relating to Rule 6.74A (SR-CBOE-2013-060) has become effective pursuant to Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of June 10th. (Rel. 34-69716)
A proposed rule change filed by The NASDAQ Stock Market LLC to make a clerical correction to the Nasdaq Rulebook to amend the order cancellation fee (SR-NASDAQ-2013-076) has become effective pursuant to Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication is expected in the Federal Register during the week of June 10th. (Rel. 34-69712)
Approval of Proposed Rule Change
The Commission granted approval of a proposed rule change submitted by The NASDAQ Stock Market LLC (SR-NASDAQ-2013-031) amending the attestation requirement of Rule 4780 to allow a Retail Member Organization to attest that "substantially all" orders submitted to the Retail Price Improvement Program will qualify as "Retail Orders." Publication is expected in the Federal Register during the week of June 10th. (Rel. 34-69719)
Notice of Withdrawal of Proposed Rule Change
The Commission issued notice of withdrawal of a proposed rule change submitted by the NASDAQ Stock Market LLC. (SR-NASDAQ-2012-117) pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 and Rule 19b-4 thereunder with respect to INAV Pegged Orders for ETFs. Publication is expected in the Federal Register during the week of June 10th. (Rel. 34- 69718)
The following registration statements have been filed with the SEC under the Securities Act of 1933. The reported information appears as follows: Form, Name, Address and Phone Number (if available) of the issuer of the security; Title and the number and/or face amount of the securities being offered; Name of the managing underwriter or depositor (if applicable); File number and date filed; Assigned Branch; and a designation if the statement is a New Issue.
Registration statements may be viewed in person in the Commission's Public Reference Branch at 100 F Street, N.E., Washington, D.C. To obtain paper copies, please refer to information on the Commission's Web site at http://www.sec.gov/answers/publicdocs.htm. In most cases, you can view and download this information by using the search function located at http://www.sec.gov/edgar/searchedgar/companysearch.html.
S-8 Orexigen Therapeutics, Inc., 3344 N. TORREY PINES CT., SUITE 200, LA JOLLA, CA, 92037, (858) 875-8600 - 0 ($33,480,000.00) Equity, (File 333-189120 - Jun. 6) (BR. 01B) F-1 Controladora Vuela Compania de Aviacion, S.A.B. de C.V., AV. ANTONIO DOVAL? JAIME NO. 70, PISO 13, COL. ZEDEC SANTA FE, O5, 01210, (52) 55-5261-6400 - 0 ($100,000,000.00) Equity, (File 333-189121 - Jun. 6) (BR. 05B) S-8 UNIVERSAL INSURANCE HOLDINGS, INC., 1110 W. COMMERCIAL BLVD., SUITE 100, FORT LAUDERDALE, FL, 33309, 9549581200 - 3,000,000 ($20,640,000.00) Equity, (File 333-189122 - Jun. 6) (BR. 01A) S-4 Clear Channel Worldwide Holdings, Inc., 200 E. BASSE ROAD, SAN ANTONIO, TX, 78209, 210-832-3314 - 0 ($2,725,000,000.00) Non-Convertible Debt, (File 333-189123 - Jun. 6) (BR. 11A) S-8 VITRAN CORP INC, 185 THE WEST MALL, SUITE 701, TORONTO, A6, M9C 5L5, 416-596-7664 - 800,000 ($3,800,000.00) Equity, (File 333-189124 - Jun. 6) (BR. 05C) S-8 HARMONIC ENERGY, INC., 3RD FLOOR, 207 REGENT STREET, LONDON, X0, W1B 3HH, 44 (0) 20 7617 7300 - 4,000,000 ($320,000.00) Equity, (File 333-189125 - Jun. 6) (BR. 05B) S-8 DYNAMICS RESEARCH CORP, 60 FRONTAGE ROAD, ANDOVER, MA, 01810-5498, 9784759090 - 400,000 ($1,992,000.00) Equity, (File 333-189126 - Jun. 6) (BR. 03B) S-8 NEWPARK RESOURCES INC, 2700 RESEARCH FOREST DRIVE, SUITE 100, THE WOODLANDS, TX, 77381, 281-362-6817 - 4,250,000 ($48,237,500.00) Equity, (File 333-189127 - Jun. 6) (BR. 04A) S-4 Ancestry.com Inc., 360 WEST 4800 NORTH, PROVO, UT, 84604, 801-705-7000 - 0 ($300,000,000.00) Debt, (File 333-189129 - Jun. 6) (BR. 03A) S-8 SUPERIOR ENERGY SERVICES INC, 1105 PETERS ROAD, HARVEY, LA, 70058, 5043624321 - 0 ($294,250,000.00) Equity, (File 333-189130 - Jun. 6) (BR. 04A) S-1 Andy Business Conglomerate, Inc., 530 ELM DRIVE, SUITE 105, LAS VEGAS, NV, 89169, 702-576-1187 - 3,250,000 ($1,625,000.00) Equity, (File 333-189131 - Jun. 6) (BR. 11) S-3 PARKWAY PROPERTIES INC, 390 N. ORANGE AVE STE 2400, ORLANDO, FL, 32801, 407-650-0593 - 0 ($1,000,000,000.00) Unallocated (Universal) Shelf, (File 333-189132 - Jun. 6) (BR. 08C) S-8 PINNACLE ENTERTAINMENT INC., 8918 SPANISH RIDGE AVENUE, LAS VEGAS, NV, 89148, 702-541-7777 - 1,800,000 ($35,766,000.00) Equity, (File 333-189133 - Jun. 6) (BR. 08B) S-8 ACACIA RESEARCH CORP, 500 NEWPORT CENTER DRIVE, 7TH FLOOR, NEWPORT BEACH, CA, 92660, 9494808300 - 4,750,000 ($111,910,000.00) Equity, (File 333-189135 - Jun. 6) (BR. 03B) S-3ASR LINCOLN NATIONAL CORP, 150 N RADNOR CHESTER RD, RADNOR, PA, 19087, 4845831475 - 10,000,000 ($10,000,000.00) Other, (File 333-189136 - Jun. 6) (BR. 01A) S-3 James River Coal CO, 901 E. BYRD STREET, SUITE 1600, RICHMOND, VA, 23219, 804-780-3000 - 24,652,200 ($67,053,984.00) Equity, (File 333-189137 - Jun. 6) (BR. 09A) S-3ASR LIONS GATE ENTERTAINMENT CORP /CN/, 2700 COLORADO AVENUE, SUITE 200, SANTA MONICA, CA, 90404, 877-848-3866 - 0 ($60,000,000.00) Other, (File 333-189138 - Jun. 6) (BR. 05B) S-8 NATIONAL RESEARCH CORP, 1245 Q STREET, LINCOLN, NE, 68508, 4024752525 - 0 ($1.00) Equity, (File 333-189139 - Jun. 6) (BR. 01B) S-8 NATIONAL RESEARCH CORP, 1245 Q STREET, LINCOLN, NE, 68508, 4024752525 - 0 ($1.00) Equity, (File 333-189140 - Jun. 6) (BR. 01B) S-8 NATIONAL RESEARCH CORP, 1245 Q STREET, LINCOLN, NE, 68508, 4024752525 - 0 ($1.00) Equity, (File 333-189141 - Jun. 6) (BR. 01B) S-1 US FOODS, INC., 9399 W. HIGGINS ROAD, SUITE 500, ROSEMONT, IL, 60018, 847-720-8000 - 0 ($26,183,000.00) Debt, (File 333-189142 - Jun. 6) (BR. 02) S-8 TARGACEPT INC, 100 NORTH MAIN STREET, SUITE 1510, WINSTON-SALEM, NC, 27101, 3364802100 - 2,500,000 ($13,775,000.00) Equity, (File 333-189143 - Jun. 6) (BR. 01B) S-8 OMEGA HEALTHCARE INVESTORS INC, 200 INTERNATIONAL CIRCLE, SUITE 3500, HUNT VALLEY, MD, 21030, 410-427-1700 - 0 ($96,960,000.00) Equity, (File 333-189144 - Jun. 6) (BR. 08C) S-8 PRICELINE COM INC, 800 CONNECTICUT AVE, NORWALK, CT, 06854, 203-299-8000 - 2,400,000 ($1,926,072,000.00) Equity, (File 333-189145 - Jun. 6) (BR. 02B)
Recent 8K Filings
Form 8-K is used by companies to file current reports on the following events:
8-K reports may be viewed in person in the Commission's Public Reference Branch at 100 F Street, N.E., Washington, D.C. To obtain paper copies, please refer to information on the Commission's Web site at http://www.sec.gov/answers/publicdocs.htm. In most cases, you can view and download this information by using the search function located at http://www.sec.gov/edgar/searchedgar/companysearch.html.
STATE NAME OF ISSUER CODE 8K ITEM NO. DATE COMMENT ACE MARKETING & PROMOTIONS INC NY 1.01,3.02,9.01 06/06/13 ADVANCE AUTO PARTS INC DE 5.02,9.01 05/31/13 Advaxis, Inc. DE 8.01,9.01 06/06/13 Affinia Group Intermediate Holdings I DE 5.02,9.01 05/31/13 AGL RESOURCES INC GA 5.04 06/06/13 Aircastle LTD D0 1.01,3.02,9.01 06/06/13 ALBANY MOLECULAR RESEARCH INC DE 5.07 06/05/13 Allied Nevada Gold Corp. DE 5.02,9.01 06/03/13 Allied Nevada Gold Corp. DE 5.02 05/31/13 AMEND Alliqua, Inc. FL 3.02,9.01 05/31/13 ALTAIR NANOTECHNOLOGIES INC Z4 1.02 05/31/13 AMBAC FINANCIAL GROUP INC DE 5.02 05/31/13 AMBIENT CORP /NY DE 5.02 06/05/13 AMERICAN APPAREL, INC DE 7.01,9.01 06/06/13 American Sands Energy Corp. DE 7.01,9.01 06/04/13 AMERISTAR CASINOS INC NV 5.07 06/05/13 ANALOG DEVICES INC MA 8.01 06/06/13 ANN INC. DE 2.02,9.01 06/06/13 ARABIAN AMERICAN DEVELOPMENT CO DE 5.07 06/05/13 ARCA biopharma, Inc. DE 8.01,9.01 06/06/13 ARCTIC CAT INC MN 2.02,7.01,9.01 05/15/13 ARKADOS GROUP, INC. DE 4.01,9.01 05/31/13 Ascena Retail Group, Inc. DE 7.01,9.01 06/05/13 ASSURED PHARMACY, INC. NV 3.02 06/06/13 ATHENA SILVER CORP DE 2.03,7.01,9.01 06/05/13 Athens Bancshares Corp 4.01,9.01 06/01/13 BankFinancial CORP 8.01,9.01 06/06/13 Behringer Harvard Mid-Term Value Enha TX 1.02 05/31/13 BELK INC 5.07 05/29/13 BEST BUY CO INC MN 7.01,9.01 06/06/13 BIO REFERENCE LABORATORIES INC NJ 2.02,9.01 06/06/13 BIO REFERENCE LABORATORIES INC NJ 2.02,9.01 06/06/13 AMEND Biozoom, Inc. NV 5.02,8.01 06/05/13 BJs RESTAURANTS INC CA 8.01,9.01 06/05/13 Black Diamond, Inc. DE 1.01,5.02,9.01 06/05/13 Boston Therapeutics, Inc. DE 5.02,5.03,5.07,9.01 05/31/13 BREEZE-EASTERN CORP DE 2.02,9.01 06/06/13 BUCKEYE PARTNERS, L.P. DE 5.02,5.07,8.01,9.01 06/04/13 BUCKEYE PARTNERS, L.P. DE 8.01,9.01 06/03/13 CACI INTERNATIONAL INC /DE/ DE 5.02,9.01 05/31/13 CADUS CORP DE 4.01,9.01 06/01/13 Calamos Asset Management, Inc. /DE/ 5.07,8.01 06/05/13 CANTEL MEDICAL CORP DE 2.02,9.01 06/06/13 CAPITAL ONE FINANCIAL CORP DE 8.01,9.01 06/03/13 CEDAR FAIR L P DE 5.07 06/06/13 Celator Pharmaceuticals Inc DE 5.02 06/03/13 CEMPRA, INC. DE 1.01,3.02,9.01 05/31/13 CENTENE CORP 8.01,9.01 05/31/13 CENTRAL GARDEN & PET CO DE 5.02 05/31/13 CENTURY ALUMINUM CO DE 1.01,2.01,9.01 06/01/13 CHAMPION INDUSTRIES INC WV 1.01,2.03,9.01 05/31/13 CHASE BANK USA, NATIONAL ASSOCIATION DE 8.01,9.01 06/05/13 Chemtura CORP DE 7.01,9.01 06/06/13 China Botanic Pharmaceutical 3.01,9.01 06/05/13 China Housing & Land Development, Inc NV 4.01,9.01 06/01/13 CIENA CORP DE 2.02,9.01 06/06/13 CINCINNATI BELL INC OH 1.01,9.01 06/03/13 CIRCLE STAR ENERGY CORP. NV 8.01 05/31/13 CLEANTECH TRANSIT, INC. 1.01,5.02,7.01,9.01 05/08/13 AMEND CNL Healthcare Properties, Inc. MD 1.01,2.01,2.03,9.01 05/31/13 COCA-COLA ENTERPRISES, INC. DE 8.01 06/06/13 COLONIAL PROPERTIES TRUST AL 5.02 06/02/13 COMPLIANCE SYSTEMS CORP 4.01,9.01 06/01/13 COMTECH TELECOMMUNICATIONS CORP /DE/ DE 2.02,7.01,9.01 06/06/13 CONCHO RESOURCES INC DE 1.01,8.01,9.01 06/03/13 CONCURRENT COMPUTER CORP/DE DE 8.01 06/05/13 CONNS INC DE 2.02,9.01 06/06/13 COOPER COMPANIES INC DE 2.02,9.01 06/06/13 CORE MOLDING TECHNOLOGIES INC DE 8.01,9.01 06/06/13 CORNERSTONE BANCSHARES INC TN 4.01,9.01 06/06/13 Cornerworld Corp NV 8.01 06/03/13 COSTAR GROUP INC DE 5.03,5.07,9.01 06/04/13 COVER ALL TECHNOLOGIES INC DE 5.07,7.01 06/06/13 Cryoport, Inc. NV 2.02,9.01 06/06/13 CTI INDUSTRIES CORP DE 5.07 06/06/13 CYTODYN INC CO 3.02 05/31/13 CYTOMEDIX INC DE 5.03,5.07,9.01 05/31/13 DC BRANDS INTERNATIONAL INC CO 8.01,9.01 06/04/13 DEVON ENERGY CORP/DE DE 1.01,9.01 06/06/13 Diamondback Energy, Inc. DE 5.07 06/03/13 DIEBOLD INC OH 5.02,9.01 06/06/13 DIXIE GROUP INC TN 7.01,9.01 06/06/13 DYCOM INDUSTRIES INC FL 7.01,9.01 06/06/13 DYNAMICS RESEARCH CORP MA 5.07 06/04/13 E TRADE FINANCIAL Corp DE 7.01 06/06/13 EAGLE BANCORP INC MD 8.01,9.01 06/06/13 EASTERN VIRGINIA BANKSHARES INC VA 5.07 06/04/13 EDGEWATER TECHNOLOGY INC/DE/ DE 5.07,9.01 06/05/13 ELECTRONICS FOR IMAGING INC DE 5.02,5.07,9.01 06/04/13 EMC CORP MA 1.01,2.03,9.01 06/06/13 Energy Transfer Partners, L.P. DE 8.01,9.01 05/31/13 ENTEGRIS INC DE 8.01,9.01 06/04/13 ENVIRONMENTAL SOLUTIONS WORLDWIDE INC FL 4.01 06/06/13 EPLUS INC DE 2.02,9.01 06/04/13 EQM Technologies & Energy, Inc. DE 5.02,8.01,9.01 06/01/13 Fairway Group Holdings Corp DE 2.02,9.01 06/06/13 Federal Home Loan Bank of Atlanta X1 2.03 06/03/13 Federal Home Loan Bank of Chicago X1 2.03 06/04/13 Federal Home Loan Bank of Cincinnati X1 2.03,9.01 06/03/13 Federal Home Loan Bank of Indianapoli X1 2.03,9.01 06/06/13 Federal Home Loan Bank of Indianapoli X1 5.02 06/06/13 Federal Home Loan Bank of New York X1 2.03,9.01 06/03/13 Federal Home Loan Bank of Pittsburgh PA 2.03,9.01 06/03/13 Federal Home Loan Bank of San Francis X1 2.03 06/04/13 Federal Home Loan Bank of Seattle 2.03 06/03/13 Federal Home Loan Bank of Topeka 2.03,9.01 06/04/13 FEI CO OR 8.01,9.01 06/06/13 FEI CO OR 1.01 06/06/13 FERRELLGAS PARTNERS L P DE 2.02,7.01,9.01 06/06/13 FIRST BANCORP /PR/ PR 5.07 05/23/13 First NBC Bank Holding Co LA 7.01,9.01 06/06/13 FIRST PACTRUST BANCORP INC MD 8.01,9.01 06/06/13 FIRST SECURITY GROUP INC/TN TN 7.01,9.01 06/06/13 Firsthand Technology Value Fund, Inc. 8.01,9.01 06/06/13 FLORIDA GAMING CORP DE 8.01 05/31/13 FLOW INTERNATIONAL CORP WA 1.01,2.03,9.01 05/31/13 FOUR OAKS FINCORP INC NC 5.07 06/06/13 Francesca's Holdings CORP 2.02,9.01 06/05/13 FRONTIER FUND DE 5.02 05/31/13 FS Energy & Power Fund DE 8.01,9.01 06/04/13 FS Investment CORP MD 2.02,8.01,9.01 06/04/13 FS Investment Corp II MD 8.01,9.01 06/04/13 GAP INC DE 7.01,9.01 06/06/13 Garrison Capital Inc. 1.01,9.01 06/05/13 Gas Natural Inc. OH 1.01,2.01, 06/01/13 3.02,8.01,9.01 GASTAR EXPLORATION LTD 7.01,9.01 06/04/13 GASTAR EXPLORATION LTD 7.01,9.01 06/05/13 GEOSPACE TECHNOLOGIES CORP DE 3.01 05/30/13 GLEACHER & COMPANY, INC. DE 1.01,2.05, 05/31/13 2.06,5.02,7.01,9.01 GLIMCHER REALTY TRUST MD 1.01,8.01,9.01 06/06/13 GLIMCHER REALTY TRUST MD 1.01,7.01,9.01 06/06/13 Gold Hill Resources, Inc. NV 1.01,3.02,5.06,9.01 05/31/13 GOODYEAR TIRE & RUBBER CO /OH/ OH 5.02,9.01 06/03/13 GRANDPARENTS.COM, INC. DE 1.01,1.02, 05/31/13 2.03,3.02,9.01 GRAY TELEVISION INC GA 5.03,5.07,9.01 06/05/13 Graystone Co DE 5.03,8.01,9.01 06/05/13 Great Lakes Dredge & Dock CORP DE 7.01,9.01 06/06/13 Green Innovations Ltd. 1.01,3.02,8.01,9.01 05/31/13 GRYPHON GOLD CORP NV 7.01,9.01 06/06/13 GSV Capital Corp. MD 7.01,9.01 06/05/13 GSV Capital Corp. MD 5.07 06/05/13 GULFMARK OFFSHORE INC DE 5.07 06/04/13 GULFMARK OFFSHORE INC DE 5.02 06/04/13 GULFMARK OFFSHORE INC DE 5.02 06/04/13 GULFSLOPE ENERGY, INC. DE 3.02,5.02 05/31/13 GXS Worldwide, Inc. DE 5.02,5.07,9.01 05/31/13 HAWTHORN BANCSHARES, INC. MO 5.07 06/06/13 HEALTHCARE TRUST OF AMERICA, INC. MD 7.01,9.01 06/06/13 Hedge Fund Managers (Diversified) LLC DE 7.01 06/06/13 HERITAGE COMMERCE CORP CA 7.01,9.01 06/05/13 HIGHLANDS BANKSHARES INC /VA/ VA 5.07 05/08/13 AMEND Hill International, Inc. DE 5.07,9.01 06/05/13 HINTO ENERGY, INC WY 4.01 06/05/13 HOPFED BANCORP INC DE 7.01,9.01 06/06/13 Horizon Lines, Inc. 5.07 06/06/13 IDT CORP DE 2.02,9.01 06/06/13 IMAGE SENSING SYSTEMS INC MN 1.01,3.03, 06/06/13 5.03,8.01,9.01 Imperial Holdings, Inc. 5.07 06/06/13 IMPERVA INC DE 5.07 06/05/13 Independent Film Development CORP NV 5.02 06/05/13 Inelco Corp NV 5.02,9.01 05/30/13 InfuSystem Holdings, Inc DE 4.01,9.01 06/03/13 INGRAM MICRO INC DE 5.02,5.07,9.01 06/05/13 Intellicell Biosciences, Inc. NV 1.01,8.01,9.01 05/01/13 International Safety Group, Inc. NV 5.02 05/31/13 IPASS INC DE 5.07 06/04/13 IPG PHOTONICS CORP DE 5.07,8.01 06/06/13 IRON MOUNTAIN INC DE 7.01 06/06/13 ISA INTERNATIONALE INC DE 1.01 04/30/13 ISC8 INC. /DE DE 5.07 06/04/13 ISLE OF CAPRI CASINOS INC DE 2.02,9.01 06/06/13 J CREW GROUP INC DE 2.02,9.01 06/06/13 JARDEN CORP DE 7.01,9.01 06/06/13 JMP Group Inc. DE 7.01 06/06/13 JOSHUA GOLD RESOURCES INC NV 1.01,3.02,9.01 06/03/13 KINGSWAY FINANCIAL SERVICES INC A6 5.07,8.01,9.01 06/04/13 Kraton Performance Polymers, Inc. DE 5.07 06/06/13 LAS VEGAS SANDS CORP NV 5.07,8.01,9.01 06/05/13 LAYNE CHRISTENSEN CO DE 1.01,1.02,9.01 06/03/13 LEGG MASON, INC. MD 5.02,9.01 06/05/13 LENCO MOBILE INC. DE 5.02 06/03/13 Liberty Interactive Corp 5.07 06/04/13 Liberty Media Corp DE 5.07 06/04/13 LIFE PARTNERS HOLDINGS INC TX 8.01,9.01 06/04/13 LINCOLN NATIONAL CORP IN 2.02,7.01,9.01 06/06/13 LL&E ROYALTY TRUST TX 5.07,9.01 06/06/13 LOCAL Corp DE 1.01,9.01 05/31/13 Lone Pine Resources Inc. DE 5.02,7.01,9.01 06/06/13 LRR Energy, L.P. DE 7.01,9.01 06/06/13 LUCID INC NY 5.02 06/03/13 MACK CALI REALTY CORP MD 7.01,9.01 06/06/13 MAD CATZ INTERACTIVE INC Z4 1.01,2.02,9.01 06/05/13 Matador Resources Co TX 1.01,2.03,7.01,9.01 06/04/13 MAYS J W INC NY 2.02 06/05/13 MEDIA GENERAL INC VA 8.01,9.01 06/06/13 MERITOR INC IN 5.02,9.01 06/05/13 NABORS INDUSTRIES LTD D0 5.07 06/04/13 NEULION, INC. 5.07,8.01,9.01 06/05/13 NeuroMetrix, Inc. DE 1.01,3.02, 06/04/13 3.03,5.03,9.01 NEW YORK COMMUNITY BANCORP INC DE 5.07 06/06/13 NEXSTAR BROADCASTING GROUP INC DE 5.02,9.01 05/31/13 NEXTERA ENERGY INC FL 8.01,9.01 06/06/13 NIC INC CO 7.01,9.01 06/06/13 OFS Capital Corp DE 5.07 06/04/13 OGLETHORPE POWER CORP GA 5.02,9.01 06/05/13 ONCOSEC MEDICAL Inc NV 1.01,9.01 05/31/13 ONE LIBERTY PROPERTIES INC MD 8.01 04/09/13 AMEND ONEOK INC /NEW/ OK 7.01,9.01 06/06/13 ONEOK Partners LP DE 7.01,9.01 06/06/13 OPENTABLE INC DE 5.07 06/05/13 OxySure Systems Inc 5.02 06/05/13 PACIFICORP /OR/ OR 8.01,9.01 06/06/13 PAM TRANSPORTATION SERVICES INC DE 5.02 06/03/13 PARKWAY PROPERTIES INC MD 8.01,9.01 06/06/13 PDI INC 5.07 06/04/13 PEABODY ENERGY CORP DE 7.01,9.01 06/06/13 Perfumania Holdings, Inc. FL 7.01,9.01 06/01/13 Phillips Edison - ARC Shopping Center MD 1.01 05/31/13 POWERSECURE INTERNATIONAL, INC. DE 8.01,9.01 06/06/13 PRICELINE COM INC DE 5.02,5.07,9.01 06/06/13 PROSPECT GLOBAL RESOURCES INC. NV 1.02,2.03,9.01 03/07/13 AMEND PVR PARTNERS, L. P. DE 5.07 06/05/13 QC Holdings, Inc. KS 5.07 06/05/13 QUALYS, INC. DE 5.07 06/04/13 QUEST DIAGNOSTICS INC DE 7.01,9.01 06/06/13 QUICK-MED TECHNOLOGIES INC 7.01,9.01 06/05/13 QUIKSILVER INC DE 2.02,9.01 06/06/13 QUIKSILVER INC DE 7.01,9.01 06/04/13 QVC INC DE 5.02 05/31/13 Rally Software Development Corp DE 5.02,8.01,9.01 06/06/13 Rally Software Development Corp DE 2.02,9.01 06/06/13 RealD Inc. DE 2.02,9.01 06/06/13 RealD Inc. DE 8.01,9.01 06/06/13 REDWOOD TRUST INC MD 5.02,7.01,9.01 06/06/13 RELIV INTERNATIONAL INC DE 5.02 06/06/13 REPUBLIC BANCORP INC /KY/ KY 7.01,9.01 06/06/13 ROPER INDUSTRIES INC DE 8.01,9.01 11/21/12 ROSETTA STONE INC 1.01,8.01,9.01 06/05/13 RUCKUS WIRELESS INC DE 5.07 06/05/13 RVUE HOLDINGS, INC. NV 5.02 05/31/13 SABINE ROYALTY TRUST TX 2.02,9.01 06/05/13 SafeBrain Systems, Inc. DE 5.02 05/17/13 SAGA COMMUNICATIONS INC DE 1.01,2.03,5.02,9.01 05/31/13 SAKS INC TN 5.02,5.07,8.01,9.01 06/05/13 SALON MEDIA GROUP INC DE 5.02 05/29/13 SANUWAVE Health, Inc. NV 7.01,9.01 06/05/13 SB FINANCIAL GROUP, INC. OH 5.02 06/06/13 SEACHANGE INTERNATIONAL INC DE 2.02,9.01 06/06/13 SELECTICA INC DE 8.01 05/31/13 SERVICE CORPORATION INTERNATIONAL TX 7.01,8.01,9.01 06/06/13 Shire plc 8.01,9.01 06/06/13 SINCLAIR BROADCAST GROUP INC MD 7.01,8.01,9.01 06/04/13 Skilled Healthcare Group, Inc. DE 1.01,9.01 06/06/13 Smack Sportswear NV 2.01,3.02, 12/06/12 AMEND 5.03,5.06,9.01 SMUCKER J M CO OH 2.02,9.01 06/06/13 SOLERA HOLDINGS, INC DE 5.02 06/06/13 Solera National Bancorp, Inc. DE 5.03,9.01 06/03/13 Sorrento Therapeutics, Inc. DE 7.01,9.01 06/06/13 SOURCEFIRE INC DE 5.02,5.07,9.01 06/06/13 SPS COMMERCE INC DE 4.01,9.01 06/04/13 Spy Inc. DE 5.07 06/04/13 STANDARD PARKING CORP DE 1.01,9.01 04/22/13 STATE STREET CORP MA 5.02,9.01 05/23/13 STEWART ENTERPRISES INC LA 7.01,9.01 06/06/13 STRATS(SM) Trust For Morgan Stanley S 8.01,9.01 06/03/13 STREAMLINE HEALTH SOLUTIONS INC. DE 2.02,9.01 06/05/13 Sucampo Pharmaceuticals, Inc. 7.01,9.01 06/06/13 SUMMER ENERGY HOLDINGS INC NV 5.07 06/04/13 SYNERGY RESOURCES CORP CO 3.02 05/31/13 SYNIVERSE HOLDINGS INC DE 1.01,7.01,9.01 06/04/13 SYNTEL INC MI 5.07 06/04/13 SYNTROLEUM CORP DE 8.01 06/06/13 T3 Motion, Inc. DE 1.01,2.03,3.02,9.01 06/01/13 TARGACEPT INC 5.02,5.07,9.01 05/31/13 TAURIGA SCIENCES, INC. FL 1.01,3.02,9.01 05/31/13 TELKONET INC UT 4.01,9.01 06/03/13 TELKONET INC UT 1.01,2.03,9.01 05/31/13 Territorial Bancorp Inc. MD 8.01,9.01 06/04/13 TESLA MOTORS INC DE 5.07 06/04/13 TG THERAPEUTICS, INC. DE 5.07 06/05/13 THOMAS PROPERTIES GROUP INC DE 5.07 05/31/13 THOR INDUSTRIES INC DE 8.01,9.01 06/06/13 THOR INDUSTRIES INC DE 2.02,9.01 06/06/13 THQ INC DE 2.01,5.02 06/06/13 Titan Machinery Inc. DE 2.02,9.01 06/06/13 TMS International Corp. DE 5.07 06/05/13 TRAC Intermodal LLC DE 8.01,9.01 06/06/13 Trade Street Residential, Inc. MD 1.01,2.03,7.01,9.01 05/31/13 U S PRECIOUS METALS INC DE 5.02,7.01,9.01 05/31/13 UMPQUA HOLDINGS CORP OR 1.01 06/03/13 UNI CORE HOLDINGS CORP WY 1.01 06/06/13 UNITEDHEALTH GROUP INC MN 5.07 06/03/13 UNIVERSAL INSURANCE HOLDINGS, INC. DE 1.01,5.02,5.07,9.01 06/06/13 UNIVERSITY GENERAL HEALTH SYSTEM, INC NV 7.01,9.01 06/06/13 UNIVERSITY GENERAL HEALTH SYSTEM, INC NV 9.01 06/06/13 UNWIRED PLANET, INC. DE 5.02 05/31/13 AMEND US AIRWAYS GROUP INC DE 1.01,2.03,9.01 06/06/13 US TUNGSTEN CORP. 7.01,9.01 06/04/13 UTi WORLDWIDE INC D8 2.02,9.01 06/06/13 VAIL RESORTS INC DE 2.02,9.01 06/06/13 VALASSIS COMMUNICATIONS INC DE 8.01,9.01 06/03/13 Vanguard Natural Resources, LLC DE 5.07,7.01,9.01 06/06/13 Verastem, Inc. DE 5.02,9.01 06/04/13 VISA INC. DE 7.01 06/06/13 VONAGE HOLDINGS CORP DE 1.01,3.03,5.02,5.07 06/06/13 WALGREEN CO IL 2.02,9.01 06/05/13 Walker & Dunlop, Inc. MD 5.07 06/05/13 WALTER INVESTMENT MANAGEMENT CORP MD 1.01,2.03,9.01 06/06/13 WALTER INVESTMENT MANAGEMENT CORP MD 4.02 05/31/13 WATERSTONE FINANCIAL INC WI 8.01 06/06/13 Wayside Technology Group, Inc. DE 5.07 06/05/13 WEST BANCORPORATION INC IA 1.01,2.03 06/04/13 WESTMOUNTAIN GOLD, INC. CO 2.03,9.01 05/14/13 AMEND WFRBS Commercial Mortgage Trust 2013- NC 8.01,9.01 06/06/13 Wheeler Real Estate Investment Trust, MD 8.01 06/03/13 XFormity Technologies, Inc. TX 4.01,9.01 05/21/13 AMEND Zalicus Inc. DE 5.07 06/06/13