Parking violation

(redirected from parking ticket)
Also found in: Dictionary, Thesaurus, Encyclopedia, Wikipedia.

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 ?
I accept this is not crime of the century and, admittedly, on previous occasions I have myself received similar parking tickets.
One of the most appealing features of this service is that the user never pays any fees up front, and submitting the NYC parking ticket is completely free.
The sponsored Mill Volvo |with the parking ticket placed under one of the windscreen wipers
Parking tickets will now cost Dh2 in the morning hours and Dh1 in the evenings.
We have also installed 328 signboards informing motorists about the areas where paid parking has come into effect and guiding them to the location of the parking ticket machines.
uk founder, was reported in AutoExpress, saying, 'Our study shows that it pays to complain and appeal a parking ticket if you feel it has been awarded unfairly.
Editor's note: We reported the PS10 parking ticket had been withdrawn in yesterday's Telegraph, although the city council said it would be re-introduced temporarily on January 21 following a software upgrade).
Most people really focus on expiring parking meters, but in many larger cities the “street cleaning” ticket can be a really big-dollar parking ticket.
Where a parking ticket is found to have been issued incorrectly, the council will cancel the ticket.
Kuruvilla who started this Facebook page to spread the campaign encourages those who have bought a parking ticket for an entire hour, but have only used five minutes of it and have no use for it to "gift" the parking ticket to somebody who is looking out for a new ticket.
I had a parking ticket some time ago, using a badge a few days out of date by error.
About 30 percent of parking ticket recipients have chosen to pay online in the last month, thanks to a new electronic payment option offered by the city of Bellingham.