Nov 6, 4:47 PM ET
Lazard filed a prospectus supplement covering the possible resale of up to 9,416,817 common shares issued to sellers in its previously announced acquisition of Campbell Lutyens Holdings Limited. The filing is administrative and sets up potential sales of these shares by the selling stockholders, which could add to the number of shares available in the market.
- Prospectus supplement under Rule 424(b) filed November 6, 2026, covering up to 9,416,817 shares of common stock
- Sullivan & Cromwell LLP opinion on share validity filed as Exhibit 5.1
Read the filing on SEC.gov ↗
Nov 2, 6:30 AM ET
Lazard, Inc. has completed its acquisition of Campbell Lutyens and launched Lazard CL, a combined private capital advisory business. The transaction expands Lazard's private capital advisory and secondary fundraising capabilities, with management anticipating approximately $500 million in combined revenue in 2027.
- The acquisition closed on November 2, 2026, establishing Lazard CL as a combined private capital advisory business.
- Lazard CL anticipates generating approximately $500 million in combined revenue in 2027.
- The business brings together more than 300 advisory professionals across 19 offices globally.
- The companies have collectively advised on more than $1 trillion of primary capital raised and secondary transaction volume over the past four decades.
Read the filing on SEC.gov ↗
Oct 22, 6:31 AM ET
Lazard reported third-quarter 2026 U.S. GAAP net revenue of $814 million, up 9% from a year earlier, with record Financial Advisory revenue for the quarter. Net income attributable to Lazard fell 59% to $29 million, and diluted earnings per share fell 60% to $0.26, so higher revenue did not carry through to shareholder profit.
- Q3 2026 GAAP net revenue was $814 million, up 9% from $748 million; adjusted net revenue was $805 million, up 11%.
- Q3 2026 GAAP diluted EPS was $0.26 versus $0.65; adjusted diluted EPS was $0.36 versus $0.56.
- Nine-month 2026 GAAP net revenue was $2,378 million, up 8%, while diluted EPS was $1.20 versus $1.72.
- A quarterly dividend of $0.50 per share was declared October 21, 2026, payable November 13, 2026.
Read the filing on SEC.gov ↗
Oct 13, 5:06 PM ET
Michael Gathy told Lazard on October 12, 2026 that he will resign as Chief Accounting Officer and principal accounting officer to pursue other opportunities, effective December 11, 2026. CFO Tracy Farr will take on the principal accounting officer role on that date, at no additional compensation, so the change is an executive transition in the accounting function rather than a change in company financial results.
- Gathy informed the company on October 12, 2026 and resigns effective December 11, 2026
- CFO Tracy Farr will assume the principal accounting officer role as of the effective date
- Farr will receive no additional compensation for the added role
- The filing reports no arrangements with other persons or related-party transactions for Farr
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.