-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FIyeQHKtO2mXd5tLZd3fsrKw/3bE29y+daSMW8qbiorCF+JD15+KyF/48er7D0BB SHHJmtr3quxpbdHeJls0qw== 0000919574-07-002140.txt : 20070425 0000919574-07-002140.hdr.sgml : 20070425 20070425165024 ACCESSION NUMBER: 0000919574-07-002140 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070425 DATE AS OF CHANGE: 20070425 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ACCREDITED HOME LENDERS HOLDING CO CENTRAL INDEX KEY: 0001174735 STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162] IRS NUMBER: 043669482 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79205 FILM NUMBER: 07788126 BUSINESS ADDRESS: STREET 1: 15253 AVENUE OF SCIENCE CITY: SAN DIEGO STATE: CA ZIP: 92128 BUSINESS PHONE: 858-676-2100 MAIL ADDRESS: STREET 1: 15253 AVENUE OF SCIENCE CITY: SAN DIEGO STATE: CA ZIP: 92128 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SECOND CURVE CAPITAL LLC CENTRAL INDEX KEY: 0001136704 IRS NUMBER: 134096446 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 405 LEXINGTON AVENUE STREET 2: 52ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 BUSINESS PHONE: 646-563-7635 MAIL ADDRESS: STREET 1: 405 LEXINGTON AVENUE STREET 2: 52ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 SC 13G/A 1 d768417_13g-a.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G (Rule 13d-102) (Amendment No. 1) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) Accredited Home Lenders Holding Co. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.001 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 00437P107 - -------------------------------------------------------------------------------- (CUSIP Number) April 24, 2007 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [X] Rule 13d-1(c) [_] Rule 13d-1(d) - ---------- The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 00437P107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Second Curve Capital, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,825,000 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,825,000 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,825,000 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.2% 12. TYPE OF REPORTING PERSON* OO CUSIP No. 00437P107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Thomas K. Brown 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION USA NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,825,000 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,825,000 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,825,000 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.2% 12. TYPE OF REPORTING PERSON* IN CUSIP No. 00437P107 Item 1(a). Name of Issuer: Accredited Home Lenders Holding Co. -------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: 15090 Avenue of Science San Diego, California 92128 -------------------------------------------------------------------- Item 2(a). Name of Persons Filing: Second Curve Capital, LLC Thomas K. Brown -------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: Second Curve Capital, LLC 405 Lexington Avenue, 52nd Floor New York, New York 10174 Thomas K. Brown c/o Second Curve Capital, LLC 405 Lexington Avenue, 52nd Floor New York, New York 10174 -------------------------------------------------------------------- Item 2(c). Citizenship: Second Curve Capital, LLC - Delaware Limited Liability Company Thomas K. Brown - United States of America -------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock, $0.001 value -------------------------------------------------------------------- Item 2(e). CUSIP Number: 00437P107 -------------------------------------------------------------------- Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: Second Curve Capital, LLC - 2,825,000 shares Thomas K. Brown - 2,825,000 shares ----------------------------------------------------------------------- (b) Percent of class: Second Curve Capital, LLC - 11.2% Thomas K. Brown - 11.2% ----------------------------------------------------------------------- (c) Number of shares as to which Second Curve Capital, LLC has: (i) Sole power to vote or to direct the vote 0 shares with sole power to vote or to direct the vote, (ii) Shared power to vote or to direct the vote 2,825,000 shares with shared power to vote or to direct the vote. (iii) Sole power to dispose or to direct the disposition of 0 shares with sole power to dispose or to direct the disposition of, (iv) Shared power to dispose or to direct the disposition of 2,825,000 shares with shared power to dispose or to direct the disposition of. (c) Number of shares as to which Thomas K. Brown has: (i) Sole power to vote or to direct the vote 0 shares with sole power to vote or to direct the vote, (ii) Shared power to vote or to direct the vote 2,825,000 shares with shared power to vote or to direct the vote. (iii) Sole power to dispose or to direct the disposition of 0 shares with sole power to dispose or to direct the disposition of, (iv) Shared power to dispose or to direct the disposition of 2,825,000 shares with shared power to dispose or to direct the disposition of. Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following [ ]. N/A ----------------------------------------------------------------------- Item 6. Ownership of More Than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. N/A ----------------------------------------------------------------------- Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. N/A ----------------------------------------------------------------------- Item 8. Identification and Classification of Members of the Group. If a group has filed this schedule pursuant to s.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to s.240.13d-1(c) or s.240.13d-1(d), attach an exhibit stating the identity of each member of the group. N/A ----------------------------------------------------------------------- Item 9. Notice of Dissolution of Group. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. N/A ----------------------------------------------------------------------- Item 10. Certifications. By signing below we certify that, to the best of our belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. April 25, 2007 - ----------------------- (Date) SECOND CURVE CAPITAL, LLC** (Signature) By: /s/ Thomas K. Brown --------------------------- (Name/Title) Thomas K. Brown, Managing Member /s/ Thomas K. Brown** - ---------------------- Thomas K. Brown Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). ** The reporting persons disclaim beneficially ownership of the securities reported herein, except to the extent of their pecuniary interest therein. Exhibit A AGREEMENT The undersigned agree that this Amendment No. 1 to Schedule 13G dated April 25, 2007 relating to the Common Stock, $0.001 par value of Accredited Home Lenders Holding Co. shall be filed on behalf of the undersigned. /s/ Thomas K. Brown - --------------------------- Thomas K. Brown Second Curve Capital, LLC By: /s/ Thomas K. Brown -------------------- Thomas K. Brown, Managing Member SK 21989 0003 768417 -----END PRIVACY-ENHANCED MESSAGE-----