Halen Capital Management Inc.– Sale of Unregistered Common Stock

Halen Capital Management Inc. Allegedly Participated in the Sale of Unregistered Common

Halen Capital Management Inc., from June 2010 through December 2013, allegedly participated in the sale of unregistered common stock offered by Atlas Federal Holdings Corp., now known as AtlasBanc Holding Corp., according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC).

Halen Capital also allegedly distributed Atlas PPMs (private placement materials) that did not comply with FINRA rules governing member firm communications with the public, the AWC also notes.

Furthermore, the AWC reports that Halen Capital allegedly failed to ensure that certain sales to non-accredited investors complied with applicable SEC rules.

Halen Capital Management Inc Allegedly Failed to File Atlas Offering Documents with FINRA before Providing them to Prospective Investors; Halen Censured and Fined $100k for Participating in the Sale of Unregistered Common Stock Offered by Atlas

Halen Capital also allegedly failed to file Atlas offering documents with FINRA before providing them to prospective investors after Atlas became the parent company of Halen in October, 2012, according to the aforementioned AWC.

As a result of the aforementioned behavior, Halen Capital Management Inc allegedly violated FINRA Rules, and, hence, Halen Capital Management Inc has been censured and fined $100k for participating in the sale of unregistered common stock offered by Atlas Federal Holdings Corp., the AWC reports.

One should also note that, according to the AWC, Halen Capital neither admitted nor denied the FINRA findings.

The Peiffer Rosca Wolf Securities Lawyers Often Assist Investors

The Peiffer Rosca Wolf securities lawyers assist investors who lose money as a result of the sale of unregistered common stock. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of the sale of unregistered common stock are encouraged to contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1180 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.