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SEC v PEACHTREE PARTNERS Click to find out why . . .



Keywords & Phrases
CaseNo: 34-41760, Defendant: Peachtree Partners, Plaintiff: SEC, UniqueCaseRef: SEC>34-41760, Peachtree Partners, Securities, Exchange Act, Commission, Tender, Regulation, Violation, Procedural Requirements, Instituting, Pursuant, Findings, Mini-tender, Bidder, Making Findings, Limited Partnership, Filing, Disclosure, Administrative Proceeding, Respondent, Imposing, Cease-and-desist Order, Hereby, Settle-ment, Prior, Provisions, Shearson Murray Realty, Murray Realty Fund, Consummation, Purchase, Outstanding Limited Partnership , ContentID: 120245329

Case Documents
1 1999-08-19 SEC ADMINISTRATIVE PROCEEDING
[ see first page and extracted highlights below  ] ItemID: 112068
3 pages
HTML
Total Documents: 1 document , 3 pages
Price: $ 19.95


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1 . SEC ADMINISTRATIVE PROCEEDING

EXTRACTED KEY WORDS
SECURITIES
EXCHANGE ACT
COMMISSION
TENDER
REGULATION
VIOLATION
PROCEDURAL REQUIREMENTS
INSTITUTING
PURSUANT
FINDINGS
MINI-TENDER
BIDDER
MAKING FINDINGS
LIMITED PARTNERSHIP
FILING
DISCLOSURE
ADMINISTRATIVE PROCEEDING
RESPONDENT
IMPOSING
CEASE-AND-DESIST ORDER
HEREBY
SETTLE-MENT
PRIOR
PROVISIONS
SHEARSON MURRAY REALTY
MURRAY REALTY FUND
CONSUMMATION
PURCHASE
OUTSTANDING LIMITED PARTNERSHIP
UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION

   Securities Exchange Act of 1934
   Release No. 41760 / August 19, 1999

   Administrative Proceeding
   File No. 3-9981

   In the Matter of

   PEACHTREE PARTNERS,
   Respondent.
   ORDER INSTITUTING PROCEEDINGS
   PURSUANT TO SECTION 21C OF THE
   SECURITIES EXCHANGE ACT OF 1934,
   MAKING FINDINGS, AND IMPOSING A
   CEASE-AND-DESIST ORDER

   I.

   The Commission deems it appropriate that proceedings be, and hereby
   are, instituted pursuant to Section 21C of the Securities Exchange Act
   of 1934 ("Exchange Act") against Peachtree Partners.

   II.

   In anticipation of the institution of these administrative
   proceedings, Peachtree Partners has submitted an Offer of Settle-ment
   that the Commission has determined to accept. Solely for the purposes
   of these proceedings and any other proceedings brought by or on behalf
   of the Commission or to which the Commission is a party, and prior to
   a hearing and without admitting or denying the findings set forth
   herein, Peachtree Partners consents to the entry of this Order
   Instituting Proceedings Pursuant to Section 21C of the Securities
   Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist
   Order ("Order"). The Commission has determined that it is appropriate
   to accept the Offer of Settlement from Peachtree Partners, and
   accordingly is issuing this Order.

   III.

   FACTS

   Based on the foregoing, the Commission finds that

   A. Respondent
SNIPPETS:
  • SECURITIES AND EXCHANGE COMMISSION
  • Administrative Proceeding
  • ORDER INSTITUTING PROCEEDINGS PURSUANT TO SECTION 21C OF THE SECURITIES EXCHANGE ACT OF 1934,
  • The Commission deems it appropriate that proceedings be, and hereby are, instituted pursuant
  • In anticipation of the institution of these administrative proceedings, Peachtree Partners
  • Solely for the purposes of these proceedings and any other proceedings brought by or on
  • Respondent
  • At all relevant times, Peachtree Partners has been engaged in the business of investing in
  • This proceeding involves a so-called mini-tender offer made by Peachtree Partners.
  • However, all tender offers, including mini-tender offers, are subject to the antifraud
  • On July 5, 1998, Peachtree Partners made a tender offer to purchase 4.9% of the outstanding
  • Because Peachtree Partners would have owned more than 5% of the securities after consummation
  • Section 14of the Exchange Act and Regulation 14D make it unlawful for a bidder to make a
  • Accordingly, IT IS HEREBY ORDERED that Peachtree Partners, pursuant to Section 21C of the
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