Practice Capabilities
Our Securities Practice Group is a recognized leader in the representation of issuers and underwriters, public companies and emerging growth private companies in transactions that span the globe and redefine the landscape of business in the United States, Asia, Europe and Latin America. Our initial public offerings (IPOs), innovated public acquisition company (IPAC) offerings, special purpose acquisition company (SPAC) offerings and acquisitions, and private investment in public equity (PIPE) transactions have ranged in size from $2 million to nearly $500 million.
Loeb & Loeb regularly counsels clients on purchases and sales of equity and debt securities in negotiated transactions, Rule 144A transactions and registered public offerings. The firm's diverse practice ranges from advising on venture capital financings to complex cross-border financings.
A regular part of our practice is advising clients on compliance issues under the federal securities laws. We assist clients with their public company reporting and financial statement requirements under the Exchange Act, annual report and proxy statement preparation, press releases and other public disclosure requirements, establishment and implementation of insider trading policies, share repurchase programs, stock option and other compensation plans and 10b-5(1) stock sale programs. We also counsel clients with respect to restrictions on securities trading by corporate affiliates and insiders, sales of restricted securities under Rule 144, broker/dealer regulation, going private transactions and compliance with state securities regulations and the Investment Company Act.
Our attorneys have extensive experience dealing with the Securities and Exchange Commission, the Financial Industry Regulatory Authority (formerly the NASD), the principal U.S. and Canadian securities exchanges and the NASDAQ Stock Market. We have advised issuers and others on the growing use of the Internet to effect securities offerings and secondary market transactions. We counsel clients on the availability of exemptions from the state and federal registration process and obtain SEC no-action letters involving a broad spectrum of matters, including private placements, corporate spin-offs and intrastate transactions.
We are familiar with all of the types of debt and equity securities used in capital formation, including common and preferred stock, warrants, "tracking" stocks, bonds, notes, commercial paper, convertible securities, as well as the various means of effecting purchases and sales of securities, including underwritten public offerings, private placements, tender offers, exchange offers, rights offers and PIPEs.
Clients and Industries
Our clients are involved in a wide range of industries such as technology, media and advertising, financial services, energy and homeland security and on a broad geographic base including China, India, Israel, Latin America and Europe. Loeb & Loeb represents a full range of capital market participants including individual and institutional investors, private equity funds (including venture capitalists), issuers, underwriters, private placement agents, trustees and financial intermediaries.
Leadership in Law
The number of deals Loeb & Loeb closes each year regularly earns the firm top rankings in several transaction categories. According to IPO Vital Signs, an IPO information database, Loeb & Loeb tied for seventh place among IPO law firms in the U.S., as measured by the number of IPO deals for which we provided issuer's counsel in 2011. The firm tied for fifth place among U.S. firms, as measured by the total number of IPO deals for which we provided underwriters’ counsel in 2010. Thomson Reuters ranked Loeb & Loeb #1 among law firms in underwritten public offerings by companies headquartered in China, as measured by the total number of deals closed over the three-year period from 2009 through 2011. Loeb & Loeb also ranked #3 as measured by total deal value during this period.