-----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, QzcvhUrBHT10z6GmX78Mfk8I19CPp2H4SdIz+gzc17piq9LcvB6tFr4VJryEJ9Cr xRF3hEb8ep0/UR6xUd+2xA== 0000943663-10-000019.txt : 20100216 0000943663-10-000019.hdr.sgml : 20100215 20100216163043 ACCESSION NUMBER: 0000943663-10-000019 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100216 DATE AS OF CHANGE: 20100216 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LABRANCHE & CO INC CENTRAL INDEX KEY: 0001089044 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 134064735 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-56767 FILM NUMBER: 10608458 BUSINESS ADDRESS: STREET 1: ONE EXCHANGE PLAZA CITY: NEW YORK STATE: NY ZIP: 10006-3008 BUSINESS PHONE: 2128200400 MAIL ADDRESS: STREET 1: ONE EXCHANGE PLAZA CITY: NEW YORK STATE: NY ZIP: 10006-3008 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TORRAY LLC CENTRAL INDEX KEY: 0000098758 IRS NUMBER: 520946142 STATE OF INCORPORATION: MD FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 7501 WISCONSIN AVENUE STREET 2: SUITE 1100 CITY: BETHESDA STATE: MD ZIP: 20814-6523 BUSINESS PHONE: 301-493-4600 MAIL ADDRESS: STREET 1: 7501 WISCONSIN AVENUE STREET 2: SUITE 1100 CITY: BETHESDA STATE: MD ZIP: 20814-6523 FORMER COMPANY: FORMER CONFORMED NAME: TORRAY ROBERT E & CO INC DATE OF NAME CHANGE: 19920929 FORMER COMPANY: FORMER CONFORMED NAME: TORRAY CLARK & CO INC /MD/ DATE OF NAME CHANGE: 19600201 FORMER COMPANY: FORMER CONFORMED NAME: TORRAY ROBERT E INC DATE OF NAME CHANGE: 19600201 SC 13G 1 labranchetorray13g.htm STATEMENT OF ACQUISITION OF BENEFICIAL OWNERSHIP BY INDIVIDUALS labranchetorray13g.htm
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
SCHEDULE 13G
(Rule 13d-102)
 
Under the Securities and Exchange Act of 1934
(Amendment No.__)
 
 
 
LABRANCHE & CO. INC.
 
(Name of Issuer)
 
 
 
Common Stock
 
(Title of Class of Securities)
 
505447102
 
 
(CUSIP Number)
 
           
 
December 31, 2009
 
 (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)
 
 
 
 
 
 
 
Rule 13d-1(c)
 
 
 
 
 
 
 
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).
 

 
 
1
 
NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Torray LLC
N/A
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  [  ]
 
(b)  [X]
 
3
 
SEC USE ONLY


 
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION

Maryland
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
5
 
SOLE VOTING POWER

2,390,004
 
 
 
6
 
SHARED VOTING POWER
0
 
 
7
 
SOLE DISPOSITIVE POWER
2,474,102
 
 
8
 
SHARED DISPOSITIVE POWER
0
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,474,102

 
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  [  ]
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

4.68 %
12
 
TYPE OF REPORTING (SEE INSTRUCTIONS)

IA

 
 
1
 
NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Robert E. Torray
N/A
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  [  ]

(b)  [X]
3
 
SEC USE ONLY


 
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION

United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
5
 
SOLE VOTING POWER
 2,592,074
 
 
 
6
 
SHARED VOTING POWER
 2,390,004
 
 
 
7
 
SOLE DISPOSITIVE POWER
2,592,074 
 
 
 
8
 
SHARED DISPOSITIVE POWER
2,474,102
 
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,066,176
 
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  [  ]
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.58 %
 
12
 
TYPE OF REPORTING (SEE INSTRUCTIONS)

IN, HC
 

 
 
                 
 
Item 1(a).
 
Name of Issuer:    LaBranche & Co Inc.
 
Item 1(b).
 
Address of Issuer’s Principal Executive Offices:
 
33 Whitehall Street
New York, New York 10004
 
 
 
Item 2(a).
 
Name of Person(s) Filing:
(i)   Torray LLC (“Torray LLC”)
(ii)  Robert E. Torray (“Torray”)
 
 
Item 2(b).
 
Address of Principal Business Office or, if None, Residence:

7501 Wisconsin Avenue
Suite 1100
Bethesda, MD  20814
 
 
Item 2(c).
 
Citizenship:

Torray LLC:  Maryland
 
Torray:  United States
 
 
Item 2(d).
 
Title of Class of Securities:

Common Stock
 
Item 2(e).
 
CUSIP Number:
505447102
 
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 Act (15 U.S.C. 78o).
 
(b)   [  ]     Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
 
(c)    [  ]     Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
 
(d)   [  ]     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)    [  ]     An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
(g)   [X]    A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
 
(h)   [  ]     A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
(i)    [  ]     A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
(j)    [  ]     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 I.
 
 
 
 
 
(a)
 
Amount beneficially owned
 
 
 
 
 
 
 
 
 
(i)   Torray LLC:  2,474,102
 
 
 
 
 
 
 
 
(ii)  Torray:  5,066,176
 
 
 
 
 
 
 
(b)
 
Percent of class:
 
 
 
 
 
 
 
 
 
(i)   Torray LLC:  4.68 %
 
 
 
 
 
 
 
 
 
(ii)  Torray:  9.58 %
 
 
 
 
 
(c)  Number of shares as to which the person has:
 
 
 
 
 
 
 
 
(i)   Sole power to vote or to direct the vote:
 
 
 
 
 
 
 
 
 
 
 
(i)   Torray LLC:  2,390,004
 
 
 
 
 
 
 
 
 
 
 
(ii)  Torray:  2,592,074
 
 
 
 
 
 
 
 
 
 
 
(ii)  Shared power to vote or to direct the vote: 0
 
 
 
 
 
 
 
 
 
 
 
(i)   Torray LLC:  0
 
 
 
 
 
 
 
 
 
 
 
(ii)  Torray:  2,390,004
 
 
 
 
 
 
 
 
 
 
 
(iii)  Sole power to dispose or to direct the disposition of:
 
 
 
 
 
 
 
 
 
 
 
(i)   Torray LLC:  2,474,102
 
 
 
 
 
 
 
 
 
 
 
(ii)  Torray:  2,592,074
 
 
 
 
 
 
 
 
 
 
 
(iv)  Shared power to dispose or to direct the disposition of
 
 
 
 
 
 
 
 
 
 
 
(i)   Torray LLC:  0
 
 
 
 
 
 
 
 
 
 
 
(ii)  Torray:  2,474,102
 
 
 
             

 
 
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:

Not Applicable.
 
Item 9.
 
Notice of Dissolution of Group:

Not Applicable.
 
Item 10.
 
Certification:

Each of the Reporting Persons hereby makes the following 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.
 
 
 
In accordance with Rule 13d-4 of the Securities Exchange Act of 1934, each of the persons filing this statement expressly disclaim the beneficial ownership of the securities covered by this statement and the filing of this report shall not be construed as an admission by such persons that they are the beneficial owners of such securities. 
 
 
 
 
 

 
 
SIGNATURES
 
 
 
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.
 
 
 
 
 
 
 
 
 
TORRAY LLC
 
 
Date:  February 16, 2010
 
By:
 
/s/ William Lane
 
 
 
 
 
William Lane
 
 
 
 
 
Executive Vice President
 
 
 
 
 
 
 
ROBERT E. TORRAY
 
 
Date:  February 16, 2010
 
By:
 
/s/ Robert E. Torray
 
 
 
 
 
Robert E. Torray
 
 
 
 
 
 
 
 
 

EXHIBIT 1
 
 
 
JOINT FILING AGREEMENT AMONG TORRAY LLC AND
 
ROBERT E. TORRAY
 
 
 
WHEREAS, in accordance with Rule 13d-1(k) under the Securities and Exchange Act of 1934 (the "Act"), only one joint statement and any amendments thereto need to be filed whenever one or more  persons  are  required to file such a statement or any amendments thereto pursuant to Section 13(d) of the Act with respect to the same securities, provided that said persons agree in writing that such statement or amendments thereto is filed on behalf of each of them;
 
 
 
NOW, THEREFORE, the parties hereto agree as follows:
 
 
 
TORRAY LLC AND ROBERT E. TORRAY hereby agree, in accordance with Rule 13d-1(k) under the Act, to file a statement on Schedule 13G  relating to their ownership of Common Stock of the Issuer and do hereby further agree that said statement shall be filed on behalf of each of them.
 
 
 
 
 
 
 
 
 
TORRAY LLC
 
 
Date:  February 16, 2010
 
By:
 
/s/ William Lane
 
 
 
 
 
William Lane
 
 
 
 
 
Executive Vice President
 
 
 
 
 
 
 
ROBERT E. TORRAY
 
 
Date:  February 16, 2010
 
By:
 
/s/ Robert E. Torray
 
 
 
 
 
 Robert E. Torray
 
 
 
                         
 
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