LPL Financial Holdings Inc.
LPL Investment Holdings Inc. (Form: 8-K, Received: 02/21/2012 13:54:10)

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

 

February 21, 2012
Date of report (date of earliest event reported)

 

LPL Investment Holdings Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-34963

 

20-3717839

(State or other jurisdictions of
incorporation or organization)

 

(Commission File Number)

 

(I.R.S. Employer Identification
No.)

 

One Beacon Street
Boston MA 02108

(Address of principal executive offices) (Zip Code)

 

(617) 423-3644
(Registrant’s telephone number, including area code)

 

N/A
(Former Name or Former Address, if Changed since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 8.01. Other Events.

 

In connection with the filing of the Company’s Registration Statement on Form S-3 (Registration No. 333-173703), which became effective on April 25, 2011, with the Securities and Exchange Commission, the Company filed an opinion of Ropes & Gray LLP, counsel to the Company, dated April 25, 2011, as Exhibit 5.1 to the Registration Statement. A revised opinion of Ropes & Gray LLP is filed as Exhibit 5.1 to this Current Report on Form 8-K.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.

 

                   Description

5.1

 

Opinion of Ropes & Gray LLP.

 

 

2



 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

LPL INVESTMENT HOLDINGS INC.

 

 

 

 

By:

/s/ Stephanie L. Brown

 

 

Name:

Stephanie L. Brown

 

 

Title:

Secretary

 

 

 

 

Dated: February 21, 2012

 

 

 

 

3


Exhibit 5.1

 

February 21, 2012

 

LPL Investment Holdings Inc.

One Beacon Street

Boston, Massachusetts 02108

 

Re:             Registration Statement on Form S-3

 

Ladies and Gentlemen:

 

This opinion is furnished to you in connection with the above-referenced registration statement (the “ Registration Statement ”), filed on or about the date hereof with the Securities and Exchange Commission under the Securities Act of 1933 (the “ Act ”), for the registration of shares (the “ Shares ”) of common stock, par value $0.001 per share (the “ Common Stock ”) of LPL Investment Holdings Inc., a Delaware corporation (the “ Company ”).

 

We have acted as counsel for the Company in connection with the filing of the Registration Statement.  For purposes of this opinion, we have examined and relied upon such documents, records, certificates and other instruments as we have deemed necessary.

 

The opinions expressed below are limited to the Delaware General Corporation Law, including the applicable provisions of the Delaware Constitution and the reported cases interpreting those laws.

 

The Company has the authority pursuant to its certificate of incorporation to issue up to 600,000,000 shares of Common Stock.  Upon adoption by the Board of Directors of the Company, or a duly authorized committee thereof, of resolutions in form and content as required by applicable law, and upon issuance and delivery of, and payment for, newly issued shares in the manner contemplated by the Registration Statement, any prospectus and any prospectus supplement related thereto, and by such resolution, the Shares will be validly issued, fully paid and non-assessable.

 

We assume for purposes of this opinion that (i) at the time of the issuance of the Shares, the Company will be a validly existing corporation under the law of its jurisdiction of incorporation, (ii) the consideration per Share will not be less than the par value of such Share, and (iii) the number of Shares issued pursuant to the Registration Statement, together with the number of shares outstanding or reserved at the time of issuance, will not exceed the respective number of shares authorized by the Company’s certificate of incorporation in effect at the time of such issuance.

 

We hereby consent to your filing this opinion as an exhibit to the Registration Statement and to the use of our name therein and in any related prospectus or prospectus supplement under the caption “Legal Matters.”  In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Securities and Exchange Commission thereunder.

 

Very truly yours,

 

/s/ Ropes & Gray LLP

 

Ropes & Gray LLP