Forex Broker in Schieflage

Aus dem Yahoo Board:

Upon further research and analysis, I discovered the following:

 1. WB acquired those 5,511,230 shares prior to December 31, 2014 and DID NOT BUY A SINGLE SHARE IN 2015.
 2. Because WB acquired over 10 percent of the common at 12/31/14, SEA 240.13d-2 requires WB to file form 13g within 10 days from January 2015. See quote "if the person's direct or indirect beneficial ownership exceeds 10 percent of the class of equity securities prior to the end of the calendar year, the initial Schedule 13G shall be filed within 10 days after the end of the first month in which the person's direct or indirect beneficial ownership exceeds 10 percent of the class of equity securities, computed as of the last day of the month."
 3. Contrary to Press reports regarding the acquisition, all WB shares were acquired in 2014 and all shares were acquired while prior to the PPS collapse (above $13).
 4. WB did not sell because of the POISON PILL. It sold the shares after immediately after the January 15 2015 announcement.
 5. Further, because FXCM has a separate series of private shares held only by insiders, fully diluted WB would hold approximately 5% of FXCM. So, IT DID NOT COME WITHIN THE PURVIEW OF THE POISON TRIGGER. You need to hold over 10 million shares to be over 10 percent owner.

 CONCLUSION: WB acquired 11.69 percent of the common shares by 12/31/2014. It was required to file 13G by February 10. It filed on February 5th to satisfy the law.