Parking violation


Also found in: Dictionary, Thesaurus, Encyclopedia, Wikipedia.
Related to Parking violation: parking ticket

Parking violation

Often used in risk arbitrage. Illegal holding of stock by a third party, or the financing of such a stock, in which the third party's sole reason for holding the stock is to conceal ownership or control of a raider, thus sidestepping the Williams Act requirements of 5% holding limits. See: Rule 13d.

Parking Violation

The act of illegally holding or financing stock on behalf of another party with the intent to conceal that party's ownership. Parking violations occur when an investor would otherwise own more that 5% of shares outstanding, which would require him/her to register certain information with the SEC. Parking violations usually occur when a corporate raider wishes to conceal his/her intent to acquire a company and enlists another's help in doing so by asking him/her to hold or finance a certain amount of stock. See also: Williams Act.
Mentioned in ?
References in periodicals archive ?
First, the survey setting, Greenville, North Carolina, has several unique qualities that may have contributed to a reduced handicapped parking violation rate.
This new dispute process allows the public to request a review of a parking violation through a customer-focused, streamlined service.
No one wants to lose money or most importantly the driving licence because of multiple parking violations.
com, Shayne Smith told police that Mayweather began shouting at him outside his Las Vegas home when Smith placed parking violations on two of his cars.
Tow truck operators testified in Salem in support of the bill, although they've heard their share of excuses for parking violations.
Private-sector patrollers started handling parking violations in select municipalities under the revised Road Traffic Law on Thursday, but in some areas difficulties in handling the equipment kept them from performing their duties properly.
Parking violation fines vary between $20 and $100 in Cambridge.
Parking wardens from the private sector will patrol the streets and keep an eye out for parking violations.
The events of last month's parking violation scandal has prompted executive changes within the Department of Finance.
Services include parking violation issuance systems, parking enforcement (www.
He said his car was moved to another paid parking space because of some digging works executed by Mawaqif and Mawaqif inspectors issued a fine ticket for parking violation everyday until the total fines piled up to Dh23,500.
Now, not only is a picture worth a thousand words, but it eliminates excuses as well by providing photographic evidence that a parking violation has occurred.