Wiggin and Dana Advises SJ Levinson & Sons LLC in Sale to Plia Systems, Inc.

June 16, 2014

Wiggin and Dana LLP represented SJ Levinson & Sons LLC in the sale of this broker-dealer business specializing in transaction analysis and automated execution services in the U.S. equity markets to Plia Systems, Inc. Pursuant to the transaction, SJ Levinson & Sons became a wholly-owned subsidiary of Plia Systems, Inc. but retained its status as a FINRA-member broker-dealer and will continue its current broker-dealer operations unchanged and uninterrupted. Matthew and Ethan Levinson, the former principals of the multi-generational family business of SJ Levinson & Sons LLC, have exited the business.

Advising SJ Levinson & Sons in the transaction was Corporate partner Mark S. Kaduboski, Tax partner Peter H. Gruen, Employee Benefits partner Sherry L. Dominick and Corporate associate Tracy K Bookspan.

For more information about the transaction, please see the press release issued by SJ Levinson & Sons LLC on June 16, 2014.

For more information about the Wiggin and Dana Mergers and Acquisitions Practice Group, please click here.