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Legal Notices & Privacy Policy
Cornerstone Asset Management LLC has
created this Privacy Policy to explain our information-gathering and
dissemination practices. Your use of our site confirms your
acknowledgement and acceptance of the terms of this Privacy Policy. We
reserve the right to change this Privacy Policy to comply with
applicable laws or to reflect any general change in our policy. Any
changes will be posted to this document so that you will always know
what information we gather and how we use it. You are encouraged to
print or download a copy of this document for your permanent records.
USER'S IDENTITY AND PASSWORD
You can visit the public sections of the Cornerstone Asset Management
LLC (called “Cornerstone”) web site without revealing your identity
or any personal or corporate information. Cornerstone may log your IP
address in order to track your session. But you will remain anonymous.
Tracking your IP address will give Cornerstone an idea of which parts of
the Cornerstone site are being visited most often and how long users
spend in each part. But we do not link IP addresses to any information,
which would identify you personally. Your browser will also let us know
what type of computer and operating system you are using when you visit
the Cornerstone site.
All non-public portions of the Cornerstone site are for our clients only
-- Agents, Issuers and Investors -- and are password-protected. We know
the identity of our clients and we record their IP addresses each time
they log on and record the pages accessed during each session. Clients
have detailed privacy and security information set forth in their
written agreements with us.
INFORMATION GATHERING AND USE OF INFORMATION
To become a client of Cornerstone 's private equity network, applicants
must provide the following types of information (as applicable):
• Basic contact information (such as name, address, telephone number,
e-mail, etc.)
• Unique identifiers (such as federal tax identification number)
• Financial information (such as name and number of bank and primary
brokerage accounts, capital under management, etc.)
• Demographic information (such as ZIP Code, adjusted gross income,
and investing experience)
The information Cornerstone gathers from applicants and members is used
in the following ways:
• Cornerstone uses contact information to send members notices about
upcoming deals, the status of existing deals, deal-related events,
policy changes, etc. Members can opt out of receiving deal-related
e-mail by request.
• Cornerstone uses unique identifiers to verify the applicant's
identity.
• Cornerstone uses financial information to verify that the applicant
meets our eligibility requirements and SEC qualification requirements.
• Cornerstone uses demographic information to help develop member
services and to evaluate potential investment opportunities based on the
preferences of our member investors.
• To comply with SEC regulations for private placements, the issuing
member company or fund receives the name and address of each investor
who affirms the confidentiality agreement for the offering third
parties.
CHILDREN'S INFORMATION
In compliance with the Children's Online Privacy Protection Act and fair
information practices, children under the age of 13 are not allowed to
sign up for our mailing lists or the members-only portions of our site.
Cornerstone does not intentionally collect any personally identifiable
information from children.
E-MAIL
The e-mail addresses you provide to Cornerstone are used solely to send
you information you request about us and, in the case of clients, to
communicate information about your account. Cornerstone will not sell,
rent, loan or give away its e-mail lists to any outside third parties.
SECURITY
All non-public sections of Cornerstone 's web site are password
protected.
LEGAL NOTICES
CornerstoneAssets.net, Cornerstone and the term "Cornerstone "
as a noun, verb and participle are service marks of Cornerstone Asset
Management LLC.
Service marks may not be used in connection with any product or service
that does not belong to Cornerstone. Also, Cornerstone's service marks
may not be used in connection with any product or service that is likely
to cause confusion among customers, or in any manner that disparages or
discredits Cornerstone Asset Management LLC or its subsidiaries.
The CornerstoneAssets.net web site is copyright 2003 Cornerstone Asset
Management LLC. All rights reserved.
Information on the Cornerstone web site may contain inaccuracies or
typographical errors. Information may be changed or updated without
notice. While Cornerstone 's site is designed to provide accurate and
authoritative information with regard to the subject matter covered,
Cornerstone assumes no responsibility for errors or omissions. In no
event will Cornerstone be liable for any direct, indirect, special or
other consequential damages for any use of this web site, or any other
hyperlinked web site, including, without limitation, any lost profits,
business interruption, loss of programs or other data or otherwise, even
if we are expressly advised of the possibility of such damages.
Cornerstone's web site does not constitute an offer or a contract.
Cornerstone makes no representation whatsoever about other web sites,
which you may access through this one. When you access a non-Cornerstone
web site, please understand that it is independent from Cornerstone, and
that Cornerstone has no control over the content on that web site. In
addition, a link to a non-Cornerstone web site does not mean that
Cornerstone endorses or accepts any responsibility for the content, use,
or products and services made available through such web site.
The information provided on this site is on the understanding that
Cornerstone is not engaged in rendering legal, tax, accounting,
financial advisory or any other professional service except when
expressly contracted to do so. If legal advice or other professional
assistance is required, the services of a competent professional should
be sought.
Other brands or products are trademarks, service marks, registered
trademarks or registered services marks of their respective holders.
Cornerstone .com is not a registered broker/dealer and may not sell,
offer to sell or offer to buy any security. The materials on the public
portions of the web site are intended to be strictly informational. The
necessary broker/dealer services related to the operation of Cornerstone
's web site, including, but not limited to, approving Issuer
presentations, approving investor applications and subscriptions and
conducting any communications with member investors that may be
construed as involving offers to sell or solicitations of offers to buy
any security of a posted company are provided by Cornerstone 's
broker-dealer subsidiary, Round1 USA, Inc. Information about companies
and funds presented on Cornerstone 's web site is for approved client
investors only and may not be reviewed by or distributed by others under
any circumstances.
Cornerstone itself, through a management investment pool or otherwise,
may invest or have an interest in a company presented on the Cornerstone
site. As with investments by individual Cornerstone employees,
Cornerstone 's interest in a company will always be fully disclosed and
should never be relied upon as an endorsement of the company or as a
representation of the soundness of the company as an investment.
Copyright 2007 Cornerstone Group LLC. All Rights Reserved |