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Empire Jesup Lamont

New York, NY, USA

Ownership: Private
Employees: ~300
Development stage: Other

Overview

Jesup & Lamont was a historic New York-based investment banking and brokerage firm founded in 1877. The company provided a range of financial services, including investment banking, institutional sales and trading, and equity research, with a significant focus on the life sciences, healthcare, and aerospace/defense sectors. In 2007, it acquired Empire Financial Group, leading to the name "Empire Jesup Lamont" in various industry contexts. The firm faced significant financial difficulties during the 2008-2010 period and ultimately filed for Chapter 11 bankruptcy in August 2010 after failing to meet net capital requirements mandated by the SEC.

Industry: Investors

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