Last year the number of securities class actions filed with accounting allegations exceeded the average over the last ten years. Likewise, the number of accounting cases filed last year alleging internal control violations was the highest since 2006, according to …
Tag: accounting cases
Accounting Cases – An SEC Priority, But The Cases Being Filed are Class Actions
Accounting and financial fraud cases are an SEC priority. The cases, however, are being brought by the private bar as class actions. The number of accounting class actions filed last year increased by 47% compared to the prior year despite …
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