Many of the financial fraud actions filed by the Commission are based on restatements of the financial statements. Under those circumstances the company must admit that material errors have occurred when the restatement is prepared and filed. Essentially the restatement …
Tag: financial fraud
This Week In Securities Litigation (Week of June 6, 2022)
The Commission continues to focus on the environment. Last week the agency added another proposed set of rules. This time the proposals do focus on ESG, requesting that advisers and funds disclose their practices regarding certain broad areas and strategies …
This Week In Securities Litigation (Week of June 6, 2022) Read More »