Special Warning Report

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Lunch Meat

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Special Warning Report

posted on Jul 12, 2011 10:06AM

Columbia Management Group has just filed a special warning report

"As of June 3, 2011, CWAM held on behalf of its clients 4,000,000 common shares and 2,000,000 common share purchase warrants, which reflects a securityholding percentage of 9.17% of the class (or 13.15% assuming exercise of CWAM’s warrants)."

"CWAM has exclusive or shared control but does not have ownership over 4,000,000 common shares and 2,000,000 common share purchase warrants (9.17% of outstanding common shares or 13.15% assuming exercise of CWAM’s warrants)."

"The above mentioned security holdings were acquired and are held by the CWAM Funds solely for investment purposes in the ordinary course of business and not with the purpose or effect of changing or influencing control."

Columbia Management Group was purchased by Ameriprise Financial from Bank of America. It is the seventh largest long-term asset manager in the U.S. with $355 billion in assets under management as of December 31, 2010.[1] It administers the Columbia Funds family of mutual funds, some of which were previously known by the NationsFunds brand.