NEEDHAM & COMPANY, LLC

NEEDHAM & COMPANY, LLC of NEW YORK, NY is an SEC-registered investment adviser (CRD 16360). This firm reports disciplinary history on Form ADV.

Registration

Business model

Compensation: Fixed, Commissions, Other.

Clients served: Other.

Officers, owners & control persons (37)

Showing 25 of 37 people.

NameRoleLocation
White RobertDIRECTORLong Beach, CA
John Joseph Jr PriorMANAGING DIRECTOR, CEO OF THE NEEDHAM GROUP, INC.
James Michael AbbruzzeseMANAGING DIRECTOR, CHIEF ADMINISTRATIVE OFFICER & ACTING HEAD OF SALES
George Austin NeedhamSHAREHOLDER
Andrew Joseph MalikMANAGING DIRECTOR, CHAIRMAN
Jack James IacovoneMANAGING DIRECTOR, CEO & HEAD OF INVESTMENT BANKING
Robert Joseph FiordalisoMANAGING DIRECTOR, CHIEF FINANCIAL OFFICER
Salvatore Anthony MerlinoMANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER
Thomas Anthony MaloneyMANAGING DIRECTOR, CO-DIRECTOR OF RESEARCH
John Patrick MalloyMANAGING DIRECTOR, CO-DIRECTOR OF RESEARCH
David Michael LauferMANAGING DIRECTOR, HEAD OF TRADING & SALES TRADING
OBRIEN KEVIN JOHNMANAGING DIRECTOR, ACTING CO-HEAD OF TRADING
NEEDHAM GEORGE AUSTINCHAIRMAN; CHAIRMAN, CEO; SHAREHOLDER
ALBANESE GLEN WILLIAMCFO; CFO, MANAGING DIRECTOR
ABBRUZZESE JAMES MICHAELMANAGING DIRECTOR, CHIEF ADMINISTRATIVE OFFICER; MANAGING DIRECTOR, CHIEF ADMINISTRATIVE OFFICER/ACTING CO-HEAD OF TRADING; MANAGING DIRECTOR, CHIEF ADMINISTRATIVE OFFICER & ACTING HEAD OF SALES (+3 more)
FOSS WARREN MASON JRMANAGING DIRECTOR, HEAD OF CAPITAL MARKETS; MANAGING DIRECTOR, HEAD OF CAPITAL MARKETS, DIRECTOR
PRIOR JOHN JOSEPH JRCEO, MANAGING DIRECTOR; CEO, MANAGING DIRECTOR, HEAD OF INVESTMENT BANKING; MANAGING DIRECTOR, CEO (+4 more)
LAZO JOHN JRMANAGING DIRECTOR, HEAD OF TRADING
DWYER SEAN CHRISTIANMANAGING DIRECTOR, HEAD OF SALES TRADING
VANVALKENBURGH MARK RAYMONDMANAGING DIRECTOR, HEAD OF SALES
LIROLA BERNARD HENRIMANAGING DIRECTOR, CO-HEAD OF INVESTMENT BANKING
SCHECHNER DAVID SYDNEYMANAGING DIRECTOR, CO-HEAD OF INVESTMENT BANKING
GILKES CRAIG MILTONMANAGING DIRECTOR - ACTING HEAD OF SALES
MALIK ANDREW JOSEPHMANAGING DIRECTOR - CHAIRMAN; MANAGING DIRECTOR, CHAIRMAN
MICHAELSON JOHN CHARLESMANAGING DIRECTOR; MANAGING DIRECTOR, DIRECTOR

Disclosures (38)

Showing 10 of 19 distinct disclosure events.

InitiatedTypeAllegationsStatusAmount
2020-03-04regulatoryDURING THE PERIOD JULY 1, 2019 THROUGH APRIL 6, 2020 (THE "REVIEW PERIOD"), THE FIRM VIOLATED NASDAQ RULE 4613(A), AND DURING THE PERIOD JULY 1, 2019 THROUGH MARCH 24, 2021 (THE "SUPERVISORY REVIEW PERIOD"), THE FIRM VIOLATED NASDAQ RULES 3010 AND 2010A (FOR CONDUCT BEFORE DECEMBER 6, 2019), AND NAS…Final$20K
2014-12-11regulatoryWITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND THE ENTRY OF FINDINGS THAT IT FAILED TO ADOPT AND IMPLEMENT ADEQUATE WRITTEN SUPERVISORY PROCEDURES (WSPS) GOVERNING ANALYST INVOLVEMENT IN INVESTMENT BANKING SOLICITATIONS AND OFFERS OF FAVORABLE RESEARCH. THE FINDIN…Final$2.5M
2007-12-18regulatoryWITHOUT ADMITTING OR DENYING THE ALLEGATIONS, NEEDHAM CONSENTED TO THE ENTRY OF FINDINGS THAT THE FIRMS ADVERTISED VOLUME IN THREE SECURITIES FOR ONE MONTH EXCEEDED ITS EXECUTED VOLUME IN THE SAME SECURITIES, AND THAT THE FIRM FAILED ADEQUATELY TO SUPERVISE ITS ACTIVITIES IN MAKING SUCH ADVERTISEMEN…Final$200K
2005-05-03regulatoryTHE FIRM REPORTED TO OATS 50 EXECUTION REPORTS THAT CONTAINED INACCURATE, INCOMPLETE, OR IMPROPERLY FORMATTED DATA. IN 63 INSTANCES WHEN THE FIRM ACTED AS PRINCIPAL FOR ITS OWN ACCOUNT, THE FIRM FAILED TO PROVIDE WRITTEN NOTIFICATION DISCLOSING TO ITS CUSTOMERS THAT IT WAS A MARKET MAKER IN EACH SEC…Final$8K
2004-02-06regulatoryFROM NOVEMBER 10 THROUGH NOVEMBER 21, 2003 THE FIRM TRANSMITTED TO OATS 11 REPORTS THAT CONTAINED INACCURATE, INCOMPLETE, OR IMPROPERLY FORMATTED DATA. THE FIRM ALSO FAILED ON 10 OCCASIONS TO PROVIDE WRITTEN NOTIFICATION DISCLOSING TO ITS CUSTOMERS ITS CORRECT CAPACITY FOR THE TRANSACTIONFinal$8K
2003-07-01regulatoryNEEDHAM WAS ALLEGED TO HAVE VIOLATED SECTION 17(B) OF THE SECURITIES ACT BY RECEIVING PAYMENTS FROM UNDERWRITERS FOR PUBLISHING RESEARCH REPORTS ON FOUR OCCASIONS DURING 1999, 2000 AND 2001 THAT DESCRIBED CERTAIN SECURITIES WITHOUT DISCLOSING SUCH RECEIPT OR THE AMOUNTS OF SUCH PAYMENTS AND SECTION…Final$700K
2002-04-15regulatoryNEEDHAM & COMPANY, INC., FAILED TO COMPLY WITH THE FOLLOWING RULES: EXCHANGE ACT RULE 11AC1-1 ("SEC FIRM QUOTE RULE"), NASD MARKETPLACE RULE 4613(B)("NASD FIRM QUOTE RULE"), NASD TRADE-OR-MOVE RULE, NASD MARKETPLACE RULE 4613(E)(1)(C), AND SEC RULE 11AC1-4 (THE "LIMIT ORDER DISPLAY RULE").Final$68K
2001-11-12regulatoryVIOLATED NASD CONDUCT RULE 2110, 2320, AND IM-2110-2Final$65K
2001-10-09regulatoryBETWEEN OCTOBER 2, 2000 AND OCTOBER 31, 2000, NEEDHAM FAILED TO CONTEMPORANEOUSLY OR PARTIALLY EXECUTE SEVEN CUSTOMER LIMIT ORDERS IN SIX NASDAQ SECURITIES AFTER IT TRADED EACH SUBJECT SECURITY FOR ITS OWN MARKET MAKING ACCOUNT AT AS PRICE THAT WOULD HAVE SATISFIED EACH CUSTOMER'S LIMIT ORDER. ALSO…Final$33K
1999-10-04regulatory10/08/1999JJM--RESPONDENT MEMBER ENGAGED IN A SERIES OF SALES OF SHARES IN INITIAL PUBLIC OFFERINGS, WHICH TRADED AT A PREMIUM IN THE SECONDARY MARKET (HOT ISSUE), TO ACCOUNTS OF INVESTMENT PARTNERSHIPS OR CORPORATIONS, INCLUDING BUT NOT LIMITED TO HEDGE FUNDS, INVESTMENT CLUBS, AND OTHER LIKE ACCOU…Final$5K

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