Securities Alert: Using Finders to Assist in Financings Can Impose Significant Risks on Your Company
4/29/2011
By Steve Ganis, Jeremy D. Glaser, and Jake Romero
Finding investors for private placements, particularly placements of securities issued by new companies, is challenging, but using unregistered broker-dealers or “finders” to identify potential investors can pose significant risks. This alert outlines the dangers of using unlicensed broker-dealers and offers guidelines for companies looking for fundraising assistance as well as for professionals providing assistance.
» Click here to read the full alert.
Mintz Levin attorney Daniel I. DeWolf also contributed to this alert.
