-----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, DWLz9VTJj4guMIHKU98QKdXRMh0rxuII461Emal7+Pz30N2Dfd03JyZZpIjtkjtJ Ot4gtSTp5olEu7sS8+dR/A== 0000945682-04-000004.txt : 20040123 0000945682-04-000004.hdr.sgml : 20040123 20040123095649 ACCESSION NUMBER: 0000945682-04-000004 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040123 GROUP MEMBERS: JEROME L. SIMON GROUP MEMBERS: LONESTAR CAPITAL MANAGEMENT LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FACTORY 2 U STORES INC CENTRAL INDEX KEY: 0000813775 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 510299573 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-39314 FILM NUMBER: 04539308 BUSINESS ADDRESS: STREET 1: 4000 RUFFIN ROAD STREET 2: 6TH FLR CITY: SAN DIEGO STATE: CA ZIP: 92123-1866 MAIL ADDRESS: STREET 1: 4000 RUFFIN ROAD STREET 2: 6TH FLOOR CITY: SAN DIEG STATE: CA ZIP: 92123-1866 FORMER COMPANY: FORMER CONFORMED NAME: FAMILY BARGAIN CORP DATE OF NAME CHANGE: 19940202 FORMER COMPANY: FORMER CONFORMED NAME: DRS INDUSTRIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: LONGWOOD GROUP LTD DATE OF NAME CHANGE: 19920527 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LONESTAR PARTNERS L P CENTRAL INDEX KEY: 0000945682 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ONE MARITIME PLAZA STREET 2: 11TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4153627677 SC 13G 1 ftusq13g.txt -------------------------- OMB APPROVAL -------------------------- OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response......11 -------------------------- SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G (Section 240.13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO SECTIONS 240.13d-1(b), (c) and(d) AND AMENDMENTS THERETO FILED PURSUANT TO SECTION 240.13d-2 (Amendment No. ___________)1 Factory 2-U Stores, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 303072102 - -------------------------------------------------------------------------------- (CUSIP Number) January 21, 2004 - -------------------------------------------------------------------------------- (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) (Continued on following pages) Page 1 of 10 Pages Exhibit Index Found on Page 9 - ---------------------------- 1 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). 13G =================== CUSIP No. 303072102 =================== - ------------==================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Lonestar Partners, L.P. - ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [ X ] - ------------==================================================================== SEC USE ONLY 3 - ------------==================================================================== CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware - ------------==================================================================== 5 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,584,000 --------------=========================================== EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- PERSON WITH --------------=========================================== 8 SHARED DISPOSITIVE POWER 1,584,000 - ------------==================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,584,000 - ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES 10 CERTAIN SHARES (See Instructions) [ ] - ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 8.8 % - ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 12 PN - ------------==================================================================== Page 2 of 10 Pages 13G =================== CUSIP No. 303072102 =================== - ------------==================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Lonestar Capital Management LLC - ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [ X ] - ------------==================================================================== SEC USE ONLY 3 - ------------==================================================================== CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware - ------------==================================================================== 5 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,584,000 --------------=========================================== EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- PERSON WITH --------------=========================================== 8 SHARED DISPOSITIVE POWER 1,584,000 - ------------==================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,584,000 - ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES 10 CERTAIN SHARES (See Instructions) [ ] - ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 8.8 % - ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 12 IA, OO - ------------==================================================================== Page 3 of 10 Pages 13G =================== CUSIP No. 303072102 =================== - ------------==================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Jerome L. Simon - ------------==================================================================== CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [ X ] - ------------==================================================================== SEC USE ONLY 3 - ------------==================================================================== CITIZENSHIP OR PLACE OF ORGANIZATION 4 United States of America - ------------==================================================================== 5 SOLE VOTING POWER NUMBER OF -0- --------------=========================================== SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 1,584,000 --------------=========================================== EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- PERSON WITH --------------=========================================== 8 SHARED DISPOSITIVE POWER 1,584,000 - ------------==================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,584,000 - ------------==================================================================== CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES 10 CERTAIN SHARES (See Instructions) [ ] - ------------==================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 8.8 % - ------------==================================================================== TYPE OF REPORTING PERSON (See Instructions) 12 IN, HC - ------------==================================================================== Page 4 of 10 Pages Item 1. Issuer ------ (a) Name of Issuer: -------------- Factory 2-U Stores, Inc. (the "Company") (b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- 4000 Ruffin Road, San Diego, CA 92123-1866 Item 2. Identity And Background ----------------------- Title Of Class Of Securities And CUSIP Number (Item 2(d) and (e)) ----------------------------------------------------------------- This statement relates to shares of Common Stock, par value $0.01 per share (the "Shares"), of the Company. The CUSIP number of the shares is 303072102. Name Of Persons Filing, Address Of Principal Business Office And ----------------------------------------------------------------------- Citizenship (Item 2(a), (b) and (c)) ------------------------------------ This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the "Reporting Persons." (i) Lonestar Partners, L.P. ----------------------- Lonestar Partners, L.P., a Delaware limited partnership ("Lonestar"), with respect to the Shares held by it. (ii) Lonestar Capital Management LLC ------------------------------- Lonestar Capital Management LLC, a Delaware limited liability company ("LCM"), the investment adviser to and general partner of Lonestar, with respect to the Shares held by Lonestar. (iii) Jerome L. Simon --------------- Jerome L. Simon ("Simon"), the manager and sole member of LCM, with respect to the Shares held by Lonestar. The citizenship of each of Lonestar and LCM is set forth above. Simon is a United States citizen. The address of the principal business and principal office of the Reporting Persons is One Maritime Plaza, 11th Floor, San Francisco, California 94111. Page 5 of 10 Pages Item 3. If This Statement Is Filed Pursuant To Sections 240.13d-1(b) or ----------------------------------------------------------------------- 240.13d-2(b) or (c), Check Whether The Person Filing Is An Entity ----------------------------------------------------------------------- Specified in (a) - (j): ---------------------- Not Applicable. If This Statement Is Filed Pursuant To Section 240.13d-1(c), Check This ----------------------------------------------------------------------- Box. [X] -------- Item 4. Ownership --------- The information required by Items 4(a) - (c) and set forth in Rows 5 through 11 of the cover page for each Reporting Person hereto is incorporated herein by reference for each such Reporting Person. The Shares reported hereby for Lonestar are owned directly by Lonestar. LCM, as general partner and investment adviser to Lonestar, may be deemed to be the beneficial owner of all such Shares owned by Lonestar. Simon, as the manager and sole member of LCM, may be deemed to be the beneficial owner of all such Shares held by Lonestar. Each of LCM and Simon hereby disclaims any beneficial ownership of any such Shares. Item 5. Ownership Of Five Percent Or Less Of A Class -------------------------------------------- Not Applicable. Item 6. Ownership Of More Than Five Percent On Behalf Of Another Person --------------------------------------------------------------- Not Applicable. 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 --------------------------------------------------------- The Reporting Persons are filing this Schedule 13G pursuant to Rule 13d-1(c). Consistent with Item 2 of the cover page for each Reporting Person above, the Reporting Persons neither disclaim nor affirm the existence of a group among them. Item 9. Notice Of Dissolution Of Group ------------------------------ Not Applicable. Page 6 of 10 Pages Item 10. Certification ------------- By signing below I certify that, to the best of my knowledge and 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 that purpose or effect. Page 7 of 10 Pages SIGNATURES ---------- After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: January 23, 2004 LONESTAR PARTNERS, L.P. LONESTAR CAPITAL MANAGEMENT LLC By: Lonestar Capital Management LLC, By: /s/ Jerome L. Simon its General Partner -------------------------------- Name: Jerome L. Simon By: /s/ Jerome L. Simon Title: Manager ----------------------------- Name: Jerome L. Simon Title: Manager /s/ Jerome L. Simon -------------------------- Jerome L. Simon Page 8 of 10 Pages EXHIBIT INDEX EXHIBIT 1 Joint Acquisition Statement Pursuant to Section 240.13d1(k) Page 9 of 10 Pages EXHIBIT 1 to SCHEDULE 13G JOINT ACQUISITION STATEMENT PURSUANT TO SECTION 240.13D-(f)(1) ---------------------------------- The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate. Dated: January 23, 2004 LONESTAR PARTNERS, L.P. LONESTAR CAPITAL MANAGEMENT LLC By: Lonestar Capital Management LLC, By: /s/ Jerome L. Simon its General Partner -------------------------------- Name: Jerome L. Simon By: /s/ Jerome L. Simon Title: Manager ----------------------------- Name: Jerome L. Simon Title: Manager /s/ Jerome L. Simon -------------------------- Jerome L. Simon Page 10 of 10 Pages -----END PRIVACY-ENHANCED MESSAGE-----