Sichenzia Ross Friedman Ference LLP Recognized as America's Number One PIPE Issuer Law Firm for 2009
Firm Has Led the Nation Since 2004
NEW YORK, NY--(Marketwire - January 6, 2010) - Sichenzia Ross Friedman Ference LLP (SRFF) has
again earned the title of the Nation's leading PIPE issuer law firm, as
ranked by the industry-standard PrivateRaise, published by DealFlow Media,
Inc. This milestone marks the 6th consecutive year since 2004 that the Firm
has been recognized as the Nation's leading law firm for representing
issuers in PIPEs transactions.
PrivateRaise's 2009 PIPES League Tables reflect the Firm's dominance in
this area since 2004 through both bull and bear markets. In 2009, according
to the PrivateRaise, the Firm represented 43 issuers in transactions
totaling $206 million for an average of $5 million.
This is a substantial increase over 2008 when the Firm represented issuers
in 30 transactions totaling $152 million. Since the Firm was initially
ranked #1 in 2004, the Firm has completed over 300 PIPEs transactions
totaling over $1.5 billion.
The increase over the 2008 totals is representative of the economic
recovery the industry experienced in the second half of 2009. While the
2009 totals are still considerably less than the 62 PIPEs transactions the
Firm completed in 2007 or the 70 transactions recorded in 2006, it is an
impressive accomplishment and marks a definite rebound from the lows of
2008. "Over the past six years our Firm has become a barometer of the
health of the PIPEs market especially as it relates to small and mid cap
issuers. We are particularly proud of our status and accomplishments as a
Firm and as a leading member of the PIPEs community since 2004," said
Gregory Sichenzia, founding partner of SRFF. "Given the success we had in
the second half of 2009 we are confident that that PIPEs market will remain
strong in 2010 and hopefully for many years to come. Our ability to
complete 43 issuer transactions in 2009 and 5 transactions in which we
acted as counsel to investors or Placement Agents reflects the exceptional
legal team that we have built at SRFF."
"We view this recognition both as a symbol of our firm's achievement and as
evidence of the trust our clients have placed in us to help them meet their
funding needs," Sichenzia concluded. "As the PIPEs industry continues to
improve we hope to maintain our position as the top rated issuer counsel in
the country by advancing innovative solutions to the problems at hand and
to provide further opportunities to help businesses in their
capital-raising activities."
Sichenzia Ross Friedman Ference LLP (SRFF) provides experienced,
professional representation in all matters involving the securities
industry, as well as in all general corporate and litigation matters.
SRFF's clients range from start-ups to established, listed companies. They
include private and public corporations, partnerships, broker-dealers,
bank-affiliated broker-dealers, investment advisors, registered personnel,
public and corporate customers and investors, partnerships and other
entities. SRFF also advises institutional investors on transactions
involving complex securities law considerations. Visit us at www.srff.com.
Contact Information: For interview and media requests, contact:
Bari Trontz
Trontz PR
212-293-9051 (office)
917-442-8500 (mobile)