SEC Comment Letter for Cooper-Standard Holdings Inc. (CPS) (CIK 0001320461) (CPS) — Aug 19, 2011
Cooper-Standard Holdings Inc. (CPS) (CIK 0001320461)
Date: Aug. 19, 2011 · CIK: 0001320461 · Accession: 0000000000-11-050414
AI Filing Summary & Sentiment
File numbers found in text: 333-175637
Referenced dates: August 2, 2011
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August 19, 2011 Via E-mail Timothy W. Hefferon, Esq. Vice President, General Counsel and Secretary Cooper-Standard Holdings Inc. 39550 Orchard Hill Place Drive Novi, MI 48375 Re: Cooper-Standard Holdings, Inc. Amendment No. 1 to Registra tion Statement on Form S-3 Filed August 17, 2011 File No. 333-175637 Dear Mr. Hefferon: We have reviewed your responses to the comm ents in our letter dated August 2, 2011 and have the following additional comment. All page numbers below correspond to the marked version of your filing. Selling Security Holders, page 15 1. We note your response to our prior comment one and reissue in part. In footnotes 6 and 12, please revise to identify th e individual or individuals w ho have voting or investment power with respect to the shares held by the legal entities identified in your selling security holders table. Refer to Regulati on S-K Compliance & Disclosure Interpretations 140.02 and 240.04. We urge all persons who are responsible for th e accuracy and adequacy of the disclosure in the filing to be certain that the filing incl udes the information the Securities Act of 1933 and all applicable Securities Act rules require. Since the company and its management are in possession of all facts relating to a company’s disc losure, they are responsible for the accuracy and adequacy of the disclosures they have made. Notwithstanding our comments, in the event you request acceleration of the effective date of the pending registration statement please pr ovide a written statement from the company acknowledging that: should the Commission or the staff, acting purs uant to delegated authority, declare the filing effective, it does not foreclose the Co mmission from taking any action with respect to the filing; Timothy W. Hefferon, Esq. Cooper-Standard Holdings Inc. August 19, 2011 Page 2 the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and the company may not assert staff comments a nd the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. Please refer to Rules 460 and 461 regarding re quests for acceleration. We will consider a written request for acceleration of the effective date of the regi stration statement as confirmation of the fact that those reques ting acceleration are aware of thei r respective responsibilities under the Securities Act of 1933 and the Securities Excha nge Act of 1934 as they relate to the proposed public offering of the securities specified in th e above registration stat ement. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Sonia Bednarowski at (202) 551-3666 or me at (202) 551-3469 with any questions. Sincerely, /s/ Justin Dobbie Justin Dobbie Legal Branch Chief cc: Via E-mail Larry A. Barden, Esq. Sidley Austin LLP