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Pengrowth Completes $200 Million Deal Via Lehman, HSBC

August 15, 2008 – HSBC and Lehman Brothers recently completed a $200 million private placement for Pengrowth Energy Trust, a Canadian oil and natural gas royalty trust.

Running Fox Completes Private Placement

August 15, 2008 – Running Fox Resources Corp., an oilfield services company that also owns oil and uranium as well as gold projects, said it has completed a private placement of 550,000 units at 40 cents a unit.

Opexa Placement To Help Fund MS Cell Therapies

August 15, 2008 – Woodlands, Texas-based Opexa Therapeutics, which specializes in stem cell therapy, said it completed a $3 million private placement which will be used to finance the clinical development of cell therapies for multiple sclerosis.

Scheme Involving Private Placement Funds Draws SEC's Attention

August 15, 2008 – Top executives at Wextrust Capital, a real estate-focused private equity and specialty finance company, were indicted on charges levied by the Securities and Exchange Commission claiming that the firm's principals and four affiliated funds ran a massive Ponzi scheme. The SEC and Federal Bureau of Investigation issued separate statements claiming that Steven Byers and Joseph Shereshevsky, Wextrust's chief executive and former chief financial officer, respectively, diverted funds that had been raised through private placement offerings.

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