UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* Lone Star Steakhouse & Saloon, Inc. -------------------------------------------------------------------------------- (NAME OF ISSUER) Common Stock, par value $0.01 per share -------------------------------------------------------------------------------- (TITLE OF CLASS OF SECURITIES) 542307103 -------------------------------------------------------------------------------- (CUSIP NUMBER) JEFFREY RUIZ Deutsche Bank AG c/o Deutsche Bank Securities Inc. 60 Wall Street New York, NY 10005 (212) 250-3667 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 29, 2006 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [_]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.240.13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The Information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Deutsche Bank AG -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC (See Item 3) -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Deutsche Bank AG is organized under the laws of the Federal Republic of Germany. -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 2,131,991 SHARES --------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 0 REPORTING --------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 2,131,991 --------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,131,991 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.9% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON BK -------------------------------------------------------------------------------- This Amendment No. 1 amends and supplements the Statement on Schedule 13D filed with the Securities and Exchange Commission on September 15, 2006 (the "Statement"). Capitalized terms used and not defined herein shall have the meanings assigned to such terms in the Statement. Except as disclosed herein there has been no change in the information previously reported on Schedule 13D. ITEM 4. PURPOSE OF TRANSACTION On November 29, 2006, the Reporting Person asserted its appraisal rights with respect to 2,103,291 Shares in connection with the transactions contemplated by the Merger Agreement. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a), (b) According to information filed by the Issuer with the Securities and Exchange Commission in its Form 10-Q for the quarter ended September 5, 2006, the number of Shares outstanding was 21,434,908 as of October 9, 2006. The Reporting Person may be deemed the beneficial owner of 2,131,991 Shares (approximately 9.9% of the total number of Shares outstanding), held for the account of Deutsche Bank AG, London Branch, over which the Reporting Person has sole voting and dispositive powers. (c) Transactions by the Reporting Person in the Shares effected during the past sixty days are set forth in Exhibit A to this Schedule 13D/A, which is incorporated by reference herein. SIGNATURES 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. DATE: NOVEMBER 29, 2006 DEUTSCHE BANK AG By: /s/ Jeffrey A. Ruiz ------------------------------ Name: Jeffrey A. Ruiz Title: Vice President By: /s/ Pasquale Antolino ------------------------------ Name: Pasquale Antolino Title: Assistant Vice President EXHIBIT A - 60 DAY TRADE HISTORY DATE BUY/SELL AMOUNT PRICE 09/28/06 BUY 2,500 27.88 09/28/06 SELL 400 28.03 09/29/06 BUY 700 27.85 10/03/06 SELL 1,000 27.81 10/10/06 BUY 1,900 28.25 10/16/06 BUY 4,000 28.40 10/19/06 BUY 5,036 25.57 10/24/06 BUY 1,880 27.42 10/30/06 BUY 100 27.24 10/30/06 SELL 134 27.24 10/31/06 BUY 18 27.31 11/15/06 BUY 960 27.15 11/17/06 BUY 7,940 27.45 11/28/06 BUY 1,200 27.39