Put into the context of issues that have arisen recently in connection with Rule 506 offerings, say a state securities administrator decides to pursue an entity serving as the general partner of various limited partnerships which effected Rule 506 offerings in the state, as well as the entity's individual principals, on the basis that, despite the absence of any complaints from local investors or other evidence that the offerings might have been fraudulent: (i) notice filings were made later… [read post]