0000876661-16-001082.txt : 20160706
0000876661-16-001082.hdr.sgml : 20160706
20160706151919
ACCESSION NUMBER: 0000876661-16-001082
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20160706
DATE AS OF CHANGE: 20160706
EFFECTIVENESS DATE: 20160706
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: J.G. Wentworth Co
CENTRAL INDEX KEY: 0001580185
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
IRS NUMBER: 463037859
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36170
FILM NUMBER: 161753534
BUSINESS ADDRESS:
STREET 1: 201 KING OF PRUSSIA ROAD
STREET 2: SUITE 501
CITY: RADNOR
STATE: PA
ZIP: 19087-5148
BUSINESS PHONE: (484) 434-2300
MAIL ADDRESS:
STREET 1: 201 KING OF PRUSSIA ROAD
STREET 2: SUITE 501
CITY: RADNOR
STATE: PA
ZIP: 19087-5148
FORMER COMPANY:
FORMER CONFORMED NAME: JGWPT Holdings Inc.
DATE OF NAME CHANGE: 20131003
FORMER COMPANY:
FORMER CONFORMED NAME: Wentworth Financial Holdings Inc.
DATE OF NAME CHANGE: 20130626
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
1580185
J.G. Wentworth Co
001-36170
201 King of Prussia Road, Suite 501
Radnor
PA
PENNSYLVANIA
19087
(484) 434-2324
Class A Common Stock, par value $0.001 per share
17 CFR 240.12d2-2(b)
Benjamin Sawyer
Manager
2016-07-06
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
New York Stock Exchange LLC ('NYSE' or the 'Exchange') hereby notifies the Securities and Exchange Commission (the 'SEC') of its intention to remove the entire class of Common Stock (the 'Common Stock') of The J.G. Wentworth Company (the 'Company') from listing and registration on the Exchange at the opening of business on July 18, 2016 pursuant to the provisions of Rule 12d2-2(b) because, in the opinion of the Exchange, the Common Stock is no longer suitable for continued listing and trading on the Exchange.
The Exchange is taking this action because the Company fell below the continued listing standard requiring a listed company to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15 million.
1. Section 802.01B of the NYSE Listed Company Manual states, in part, that the Exchange will promptly delist a security of either a domestic or non-U.S. issuer when the issuer's average global market capitalization over a consecutive 30 trading-day period falls below $15 million regardless of the original standard under which the issuer listed.
2. The Exchange, on June 17, 2016, determined that the Common Stock should be suspended from trading and directed the preparation and filing with the SEC of this application for the removal of the Common Stock from listing and registration on the Exchange. The Company was notified by phone and letter on June 17, 2016.
3. Pursuant to the above authorization, a press release was issued June 17, 2016 and an announcement was made on the 'ticker' of the Exchange at the close of the trading session announcing the suspension of trading in the Common Stock. Similar information was included on the Exchange's website.
4. The Company had a right to appeal to the Committee for Review (the 'Committee') of the Board of Directors of NYSE Regulation, the determination to delist the Common Stock, provided that it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of the delisting determination. The Company did not file such request within the specified time period. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.