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Published on 11/13/2009 in the Prospect News Special Situations Daily.

Southwest Water shareholder Stobie Creek reduces ownership to 3.2%

By Lisa Kerner

Charlotte, N.C., Nov. 13 - A group of Southwest Water Co. investors led by Stobie Creek Investments LLC sold 205,000 shares of the company's stock between Nov. 5 and Nov. 9 at prices from $5.87 to $6.00 each, according to a schedule 13D/A filed on Friday with the Securities and Exchange Commission.

Stobie Creek and its affiliates beneficially own 800,000 shares, or 3.2%, of the company's outstanding stock.

Los Angeles-based Southwest Water provides water, waste water and public works services primarily in the United States.


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