SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13D-102)
INFORMATION STATEMENT PURSUANT TO RULE 13D-1
UNDER THE SECURITIES
EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)
Youbet.com, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
233162502
(CUSIP Number)
December 31, 2009
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
x
Rule 13d-1(b)
¨
Rule 13d-1(c)
¨
Rule 13d-1(d)
|
|
|
|
|
CUSIP No. 233162502
|
|
Page 1 of 8 Pages
|
|
|
|
|
|
|
|
|
|
1)
|
|
Names of Reporting Persons
IRS Identification No. Of Above Persons
The PNC Financial Services Group, Inc. 25-1435979
|
|
2)
|
|
Check the Appropriate Box if a
Member of a Group (See Instructions)
a)
¨
b)
¨
|
|
3)
|
|
SEC USE ONLY
|
|
4)
|
|
Citizenship or Place of
Organization
Pennsylvania
|
|
Number of
Shares
Beneficially
Owned By
Each
Reporting
Person
With
|
|
5)
|
|
Sole Voting Power
4,084
|
|
|
6)
|
|
Shared Voting Power
2,518,583
|
|
|
7)
|
|
Sole Dispositive Power
4,084
|
|
|
8)
|
|
Shared Dispositive Power
2,518,583
|
|
9)
|
|
Aggregate Amount Beneficially
Owned by Each Reporting Person
2,522,667*
*See the response to Item 6.
|
|
10)
|
|
Check if the Aggregate Amount in
Row (9) Excludes Certain Shares
See
Instructions
¨
|
|
11)
|
|
Percent of Class Represented by
Amount in Row (9)
6.05
|
|
12)
|
|
Type of Reporting Person (See
Instructions)
HC
|
|
|
|
|
|
CUSIP No. 233162502
|
|
Page 2 of 8 Pages
|
|
|
|
|
|
|
|
|
|
1)
|
|
Names of Reporting Persons
IRS Identification No. Of Above Persons
PNC Bancorp, Inc. 51-0326854
|
|
2)
|
|
Check the Appropriate Box if a
Member of a Group (See Instructions)
a)
¨
b)
¨
|
|
3)
|
|
SEC USE ONLY
|
|
4)
|
|
Citizenship or Place of
Organization
Delaware
|
|
Number of
Shares
Beneficially
Owned By
Each
Reporting
Person
With
|
|
5)
|
|
Sole Voting Power
4,084
|
|
|
6)
|
|
Shared Voting Power
2,518,583
|
|
|
7)
|
|
Sole Dispositive Power
4,084
|
|
|
8)
|
|
Shared Dispositive Power
2,518,583
|
|
9)
|
|
Aggregate Amount Beneficially
Owned by Each Reporting Person
2,522,667*
*See the response to Item 6.
|
|
10)
|
|
Check if the Aggregate Amount in
Row (9) Excludes Certain Shares
See
Instructions
¨
|
|
11)
|
|
Percent of Class Represented by
Amount in Row (9)
6.05
|
|
12)
|
|
Type of Reporting Person (See
Instructions)
HC
|
|
|
|
|
|
CUSIP No. 233162502
|
|
Page 3 of 8 Pages
|
|
|
|
|
|
|
|
|
|
1)
|
|
Names of Reporting Persons
IRS Identification No. Of Above Persons
PNC Bank, National Association 22-1146430
|
|
2)
|
|
Check the Appropriate Box if a
Member of a Group (See Instructions)
a)
¨
b)
¨
|
|
3)
|
|
SEC USE ONLY
|
|
4)
|
|
Citizenship or Place of
Organization
United States
|
|
Number of
Shares
Beneficially
Owned By
Each
Reporting
Person
With
|
|
5)
|
|
Sole Voting Power
4,084
|
|
|
6)
|
|
Shared Voting Power
2,518,583
|
|
|
7)
|
|
Sole Dispositive Power
4,084
|
|
|
8)
|
|
Shared Dispositive Power
2,518,583
|
|
9)
|
|
Aggregate Amount Beneficially
Owned by Each Reporting Person
2,522,667*
*See the response to Item 6.
|
|
10)
|
|
Check if the Aggregate Amount in
Row (9) Excludes Certain Shares
See
Instructions
¨
|
|
11)
|
|
Percent of Class Represented by
Amount in Row (9)
6.05
|
|
12)
|
|
Type of Reporting Person (See
Instructions)
BK
|
|
|
|
|
|
CUSIP No. 233162502
|
|
Page 4 of 8 Pages
|
|
|
|
|
|
|
|
|
|
1)
|
|
Names of Reporting Persons
IRS Identification No. Of Above Persons
PNC Capital Advisors, LLC 27-0640560
|
|
2)
|
|
Check the Appropriate Box if a
Member of a Group (See Instructions)
a)
¨
b)
¨
|
|
3)
|
|
SEC USE ONLY
|
|
4)
|
|
Citizenship or Place of
Organization
Delaware
|
|
Number of
Shares
Beneficially
Owned By
Each
Reporting
Person
With
|
|
5)
|
|
Sole Voting Power
4,084
|
|
|
6)
|
|
Shared Voting Power
-0-
|
|
|
7)
|
|
Sole Dispositive Power
4,084
|
|
|
8)
|
|
Shared Dispositive Power
-0-
|
|
9)
|
|
Aggregate Amount Beneficially
Owned by Each Reporting Person
4,084*
*See the response to Item 6.
|
|
10)
|
|
Check if the Aggregate Amount in
Row (9) Excludes Certain Shares
See
Instructions
¨
|
|
11)
|
|
Percent of Class Represented by
Amount in Row (9)
Less than 0.01
|
|
12)
|
|
Type of Reporting Person (See
Instructions)
IA
|
ITEM 1(a) - NAME
OF ISSUER:
Youbet.com, Inc.
ITEM 1(b) - ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:
5901 De Soto Avenue
Woodland Hills, California 91367
ITEM 2(a) - NAME OF PERSON FILING:
The PNC Financial Services Group,
Inc.; PNC Bancorp, Inc.;
PNC Bank, National Association; and PNC Capital Advisors, LLC
ITEM 2(b) - ADDRESS OF PRINCIPAL BUSINESS OFFICE:
The PNC Financial Services Group, Inc. - One PNC Plaza, 249 Fifth Avenue, Pittsburgh, PA 15222-2707
PNC Bancorp, Inc. - 300 Delaware Avenue, Suite 304, Wilmington, DE 19801
PNC
Bank, National Association - One PNC Plaza, 249 Fifth Avenue, Pittsburgh, PA 15222-2707
PNC Capital Advisors, LLC - One PNC
Plaza, 249 Fifth Avenue, Pittsburgh, PA 15222-2707
ITEM 2(c) - CITIZENSHIP:
The PNC Financial Services Group, Inc. - Pennsylvania
PNC Bancorp, Inc. - Delaware
PNC Bank, National Association - United States
PNC Capital Advisors, LLC - Delaware
ITEM 2(d) - TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e) - CUSIP NUMBER:
233162502
ITEM 3 - IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A:
|
|
|
|
|
|
|
(a)
|
|
¨
|
|
Broker or dealer registered under Section 15 of the Exchange Act;
|
|
|
|
|
|
(b)
|
|
x
|
|
Bank as defined in Section 3(a)(6) of the Exchange Act;
|
|
|
|
|
|
(c)
|
|
¨
|
|
Insurance Company as defined in Section 3(a)(19) of the Exchange Act;
|
|
|
|
|
|
(d)
|
|
¨
|
|
Investment Company registered under Section 8 of the Investment Company Act;
|
|
|
|
|
|
(e)
|
|
x
|
|
An Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
|
|
|
|
|
|
(f)
|
|
¨
|
|
An Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F);
|
|
|
|
|
|
(g)
|
|
x
|
|
A Parent Holding Company or Control Person in accordance with Rule 13d-1(b)(1)(ii)(G);
|
|
|
|
|
|
(h)
|
|
¨
|
|
A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act;
|
|
|
|
|
|
(i)
|
|
¨
|
|
A Church Plan that is excluded from the definition of an Investment Company under Section 3(c)(14) of the Investment Company Act;
|
|
|
|
|
|
(j)
|
|
¨
|
|
Group, in accordance with Rule 13d(b)(1)(ii)(J).
|
If this
statement is filed pursuant to Rule 13d-1(c), check this box.
¨
ITEM 4 -
OWNERSHIP:
The following information is as of December 31, 2009:
|
|
|
|
|
(a) Amount Beneficially Owned:
|
|
2,522,667*
|
|
|
|
*See the response to Item 6.
|
|
(b) Percent of Class:
|
|
6.05
|
(c) Number of shares to which such
person has:
|
|
|
|
|
(i) sole power to vote or to direct the vote
|
|
4,084
|
|
(ii) shared power to vote or to direct the vote
|
|
2,518,583
|
|
(iii) sole power to dispose or to direct the disposition of
|
|
4,084
|
|
(iv) shared power to dispose or to direct the disposition of
|
|
2,518,583
|
ITEM 5 - OWNERSHIP OF
FIVE PERCENT OR LESS OF A CLASS:
Not Applicable.
ITEM 6 - OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Of the total shares of common stock reported herein, 2,518,583 shares are held in trust accounts created by an Amended and Restated Trust Agreement dated September 20, 1983, in which Lloyd I. Miller, Jr. was Grantor and for which PNC Bank,
National Association serves as Trustee.
In connection with the trust accounts, Lloyd I. Miller, III and PNC Bank, National
Association, in its capacity as Trustee, have entered into an Investment Advisory Agreement dated as of April 1, 2002. Either party may terminate the Investment Advisory Agreement on 30 days prior written notice.
Of the total shares of common stock reported herein, 4,084 shares are held in accounts at PNC Capital Advisors, LLC in a fiduciary capacity.
ITEM 7 - IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY:
Included are the following subsidiaries of The PNC Financial Services Group, Inc. - HC:
PNC Bancorp, Inc. - HC (wholly owned subsidiary of The PNC Financial Services Group, Inc.)
PNC Bank, National Association - BK (wholly owned subsidiary of PNC Bancorp, Inc.)
PNC Capital
Advisors, LLC - IA (wholly owned subsidiary of PNC Bank, National Association)
ITEM 8 - IDENTIFICATION AND CLASSIFICATION OF MEMBERS
OF THE GROUP:
Not Applicable.
ITEM 9 - NOTICE OF DISSOLUTION OF GROUP:
Not Applicable.
ITEM 10 -
CERTIFICATION:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above
were acquired and held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true,
complete and correct.
February 12, 2010
Date
|
|
|
|
|
|
|
|
By:
|
|
/s/ Joseph C. Guyaux
|
|
Signature - The PNC Financial Services Group, Inc.
Joseph C. Guyaux, President
Name & Title
|
|
|
|
February 12, 2010
Date
|
|
|
|
|
By:
|
|
/s/ Maria C. Schaffer
|
|
Signature - PNC Bancorp, Inc.
Maria C. Schaffer, Executive Vice President
Name & Title
|
|
|
|
February 12, 2010
Date
|
|
|
|
|
By:
|
|
/s/ Joseph C. Guyaux
|
|
Signature - PNC Bank, National Association
Joseph C. Guyaux, President
Name & Title
|
|
|
|
February 12, 2010
Date
|
|
|
|
|
By:
|
|
/s/ Kevin A. McCreadie
|
|
Signature - PNC Capital Advisors, LLC
Kevin A. McCreadie, President & Chief Executive Officer
Name &
Title
|
AN AGREEMENT TO FILE A JOINT STATEMENT WAS PREVIOUSLY FILED BY
THE PNC FINANCIAL SERVICES GROUP, INC., PNC BANCORP, INC. AND
PNC BANK, NATIONAL ASSOCIATION
EXHIBIT
A
AGREEMENT
February 12, 2010
The undersigned hereby agrees to file a joint statement on
Schedule 13G under the Securities and Exchange Act of 1934, as amended (the “Act”) in connection with its beneficial ownership of common stock issued by Youbet.com, Inc.
The undersigned states that it is entitled to use Schedule 13G pursuant to Rule 13d-1(b) of the Act.
The undersigned is responsible for the timely filing of the statement and any amendments thereto, and for the completeness and accuracy of
the information relating to itself contained therein but is not responsible for the completeness or accuracy of the information concerning the other filers.
This Agreement applies to any amendments to Schedule 13G.
|
|
|
|
|
PNC CAPITAL ADVISORS, LLC
|
|
|
|
|
BY:
|
|
/s/ Kevin A. McCreadie
|
|
|
|
Kevin A. McCreadie, President & Chief Executive Officer
|
Youbet (NASDAQ:UBET)
Historical Stock Chart
From Nov 2024 to Dec 2024
Youbet (NASDAQ:UBET)
Historical Stock Chart
From Dec 2023 to Dec 2024
