Sichenzia Ross Friedman Ference LLP Ranked Number One
Sichenzia Ross Friedman Ference LLP Ranked Number One as Legal Counsel to Public Companies for Three Consecutive Years. NEW YORK, April 9, 2007 (PRIME NEWSWIRE) -- Sichenzia Ross Friedman Ference LLP (www.srff.com) is once again ranked the most active PIPE issuer law firm year-to-date in 2007, making it No. 1 for the 36th consecutive month. This comes on the heels of the firm's ranking as the most active PIPE issuer law firm in both 2005 and 2006. As of March 31, the firm has been credited with representing 13 issuers in over $120 million of PIPEs transactions, averaging $9.24 million per transaction. For the same period last year the firm represented 19 issuers in over $73 million of PIPEs transactions, averaging $4.0 million per transaction. While the actual number of transactions is fewer, the total dollars advised has increased by over 50%. While the average transaction size has increased Almost 250%. "We continue to see strong growth in the PIPEs market in part because larger companies are seeking financing in this area," said Gregory Sichenzia founding Partner of Sichenzia Ross Friedman Ference LLP. "Additionally, we have been able to clarify the issues that the SEC has raised concerning these financings and do not view them as an impediment to the future of the PIPEs market. Our firm has capitalized on the trend towards larger PIPE deals by increasing our average deal size by more than 250%. Still, even with the larger PIPE deals, our firm remains dedicated to helping micro-cap companies raise the funding they need and we continue to provide clients of all sizes with the high level of service they have come to expect of us." 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. The firm's practice includes the representation of clients located in the United States and throughout the world, including Argentina, Austria, Australia, Canada, China, Germany, Hungary, Israel, Korea, Malaysia, Mexico, Switzerland and the United Kingdom. For more information, visit www.srff.com. For interview and media requests, contact Avalanche Strategic Communications at 201-488-0049. NEWS. OH
Courtesy of OldHerder from Raging Bull
