CUSIP No. 92531L108

SCHEDULE 13D/A

This Amendment No. 1 (this “Amendment”) to the statement on the Schedule 13D originally filed on February 11, 2011 (the “Original Schedule 13D”) is being filed on behalf of the Reporting Persons (as defined below) relating to the beneficial ownership of common stock, par value $0.01 per share (the “Common Stock”) of Verso Corp., a Delaware corporation (the “Issuer”). Unless otherwise defined, all capitalized terms used herein shall have the respective meanings given such terms in the Original Schedule 13D.  

This Amendment is the final amendment to the Original Schedule 13D and an exit filing for the Reporting Persons.  

Item 5. Interest in Securities of the Issuer

(a)  The Reporting Persons no longer hold any securities of the Issuer.

(b)  The Reporting Persons no longer hold any securities of the Issuer.

(c)  None of the Reporting Persons has effected any transaction in the shares during the past 60 days.  

·

On January 9, 2014, the Reporting Persons’ beneficial ownership dropped below the 5% Schedule 13D reporting threshold. The  Reporting Persons directed the Funds (as defined in Item 2 of the Original Schedule 13D) to sell, in the aggregate, 163,865 shares of the Issuer’s Common Stock on the New York Stock Exchange at a price of $4.097 per share for a total of $671,354.91.  

·

On April 1, 2014, the Reporting Persons’ beneficial ownership of the Issuer’s Common Stock dropped by more than 1% from the Reporting Persons’ beneficial ownership of the Issuer’s Common Stock as reported on the Original Schedule 13D.  The  Reporting Persons directed the Funds to sell, in the aggregate, 250,000 shares of the Issuer’s Common Stock on the New York Stock Exchange at a price of $2.9561 per share for a total of $739,025.

·

As of September 9, 2014, the Reporting Persons no longer held any Common Stock of the Issuer.  

(d)  Not applicable.

(e)  On January 9, 2014, the Reporting Persons’ beneficial ownership dropped below the 5% Schedule 13D reporting threshold.  The Reporting Persons no longer hold any securities of the Issuer.

Signatures

After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: February 13, 2015

Exhibit Index

Exhibit No.

Description

Exhibit 24

Power of Attorney for Marc Lasry, dated February 11, 2010 (incorporated by reference to Exhibit 24 to the filing on Schedule 13G/A relating to beneficial ownership of shares of common stock, par value $0.01 per share, of Spectrum Brand Holdings, Inc., filed with the Securities and Exchange Commission on June 25, 2010).

Exhibit 99.1

Joint Filing Agreement by and among the Reporting Persons dated February 13, 2015

EXHIBIT 99.1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13D/A dated February 13, 2015 (including amendments thereto) with respect to the Common Stock of Verso Corp. This Joint Filing Agreement shall be filed as an Exhibit to such statement.

Dated: February 13, 2015