-----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, POOHEVvJ5BbUFjCZWNzizhrm3c2l2jPGHzBLFkKmnk5DOC1LARDrvs+mVSvGp3iJ R8o21hO3r/Xy8ItGYQDhfA== 0001144204-08-062332.txt : 20081110 0001144204-08-062332.hdr.sgml : 20081110 20081110160919 ACCESSION NUMBER: 0001144204-08-062332 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081110 DATE AS OF CHANGE: 20081110 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENS REPUBLIC BANCORP, INC. CENTRAL INDEX KEY: 0000351077 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 382378932 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38319 FILM NUMBER: 081175738 BUSINESS ADDRESS: STREET 1: 328 SOUTH SAGINAW STREET CITY: FLINT STATE: MI ZIP: 48502 BUSINESS PHONE: 810-766-7500 MAIL ADDRESS: STREET 1: 328 SOUTH SAGINAW STREET CITY: FLINT STATE: MI ZIP: 48502 FORMER COMPANY: FORMER CONFORMED NAME: CITIZENS REPUBLIC BANCORP INC DATE OF NAME CHANGE: 20070426 FORMER COMPANY: FORMER CONFORMED NAME: CITIZENS BANKING CORP DATE OF NAME CHANGE: 20020515 FORMER COMPANY: FORMER CONFORMED NAME: CB WEALTH MANAGEMENT N A DATE OF NAME CHANGE: 20020502 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JGD MANAGEMENT CORP /NY CENTRAL INDEX KEY: 0001012670 IRS NUMBER: 133633324 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 767 FIFTH AVENUE, 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10153 BUSINESS PHONE: 2123001300 MAIL ADDRESS: STREET 1: 767 FIFTH AVENUE, 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10153 SC 13G/A 1 v131348_sc13ga.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

Citizens Republic Bancorp, Inc.

(Name of Issuer)

Common Stock, no par value

(Title of Class of Securities)

174420109

(CUSIP Number)

October 31, 2008

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x Rule 13d-1(b)

o Rule 13d-1(c)

o Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

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 (“Act”) 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).
 
Page 1 of 6 Page

 

CUSIP No. 174420109
13G
 
     
1) NAMES OF REPORTING PERSONS
JGD Management Corp.
     
IRS IDENTIFICATION NO. OF
 
ABOVE PERSONS (ENTITIES ONLY)
EIN: 13-3633324
     
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) o
(b)x
     
3) SEC USE ONLY
 
     
4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
     
NUMBER OF
5) SOLE VOTING POWER
3,500,000
SHARES
   
BENEFICIALLY
6) SHARED VOTING POWER
-0-
OWNED BY
   
EACH
7) SOLE DISPOSITIVE POWER
3,500,000
REPORTING
   
PERSON WITH
8) SHARED DISPOSITIVE POWER
-0-
     
9) AGGREGATE AMOUNT BENEFICIALLY OWNED
3,500,000
BY EACH REPORTING PERSON
 
     
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
 
CERTAIN SHARES (SEE INSTRUCTIONS)
o
     
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
     
Approximately 3.6%
 
     
12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
     


 
Page 2 of 6 Page

 


Item 1(a).
 
Name of Issuer:
Citizens Republic Bancorp, Inc.
       
Item 1(b).
 
Address of Issuer’s Principal Executive Offices:
 
       
   
328 S. Saginaw St.
 
   
Flint, Michigan 48502
 
       
Item 2(a).
 
Name of Person Filing:
 
       
   
This Schedule is being filed by JGD Management Corp. (“JGD”), a Delaware corporation, with respect to:
       
   
(i) 768,825 shares of Common Stock directly owned by York Credit Opportunities Fund, L.P. (“York Credit Opportunities”), a Delaware limited partnership;
       
   
(ii) 1,033,000 shares of Common Stock directly owned by York Enhanced Strategies Fund, LLC (“York Enhanced Strategies”), a Delaware limited liability company; and
   
 
 
   
(iii) 1,698,175 shares of Common Stock directly owned by York Credit Opportunities Unit Trust (“York Credit Opportunities Unit Trust”), a trust organized under the laws of the Cayman Islands.
       
   
The general partner of York Credit Opportunities and the managers of York Enhanced Strategies and York Credit Opportunities Unit Trust have delegated certain management and administrative duties of such funds to JGD. Accordingly, JGD may be deemed to have beneficial ownership over the shares of Common Stock reported in this Schedule.
       
Item 2(b).
 
Address of Principal Business Office or, if None, Residence:
 
       
 
 
The principal business office address of JGD is:
 
       
   
c/o York Capital Management
 
   
767 Fifth Avenue
 
   
17th Floor
 
   
New York, New York 10153
 
       
Item 2(c).
 
Citizenship:
The place of organization of JGD is Delaware.
       
Item 2(d).
 
Title of Class of Securities:
Common Stock, no par value
       
Item 2(e).
 
CUSIP Number:
174420109
       

 
Page 3 of 6 Page

 

 
Item 3.
 
 
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
 
   
 
(a)
o
Broker or dealer registered under section 15 of the Act (15 U.S.C.78o).
 
 
   
 
(b)
o
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
 
 
   
 
(c)
o
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.78c).
 
 
   
 
(d)
 
o
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
 
 
   
 
(e)
x
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
 
   
 
(f)
o
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
 
   
 
(g)
o
A parent holding company or control person in accordance with§240.13d-1(b)(1)(ii)(G);
 
     
 
(h)
o
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
   
 
(i)
 
o
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of1940 (15 U.S.C. 80a-3);
 
 
   
 
(j) 
o
Group, in accordance with §240.13d-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:
3,500,000
     
 
 
(b) Percent of class:
 
3.6%
     
 
(c) Number of shares as to which the person has:
 
       
 
(i) Sole power to vote or to direct the vote
3,500,000
       
 
(ii) Shared power to vote or to direct the vote
-0-
       
 
(iii) Sole power to dispose or to direct the disposition of
3,500,000
       
 
(iv) Shared power to dispose or to direct the disposition of
-0-

The number of shares beneficially owned and the percentage of outstanding shares represented thereby for JGD have been computed in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended. The percentage of ownership described above for JGD is based on 95,899,171 shares of Common Stock outstanding as of July 31, 2008, as reported in the issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 6, 2008.
 
 
Page 4 of 6 Page

 
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  x
   
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
   
 
The right to receive dividends from, or the proceeds from the sale of, all shares of Common Stock reported in this statement as beneficially owned by JGD is held by York Credit Opportunities, York Enhanced Strategies or York Credit Opportunities Unit Trust, as the case may be, all of which are the advisory clients of JGD. JGD itself disclaims beneficial ownership of all shares of Common Stock reported in this statement pursuant to Rule 13d-4 under the Securities Exchange Act of 1934, as amended.
   
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
   
 
Not Applicable.
   
Item 8.
Identification and Classification of Members of the Group.
   
 
Not Applicable.
   
Item 9.
Notice of Dissolution of Group.
   
 
Not Applicable.
 
Page 5 of 6 Page

 

Item 10.        Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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 that purpose or effect.



SIGNATURE

After reasonable inquiry and to the best of the knowledge and belief of the undersigned Reporting Person, the undersigned Reporting Person certifies that the information set forth in this statement with respect to it is true, complete and correct.
 
     
  JGD MANAGEMENT CORP.
 
 
 
 
 
 
Dated: November 10, 2008 By:   /s/ Adam J. Semler
 
Adam J. Semler
Chief Financial Officer
   


Page 6 of 6 Pages
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