Dodd-Frank Litigation
The PCAOB Wants to Talk to the Audit Committee Chair – Now What?
Litigation, Public Companies and Securities The PCAOB recently noted that during 2019 it will provide an opportunity for audit committee chairs of certain companies whose audits are subject to inspection to “engage in a dialogue with the inspections staff.” While we assume the PCAOB’s motive is in good faith to obtain a better mutual understanding of the PCAOB process on […] Read more →
Musk: I did not Violate Court Order
Litigation, Public Companies and Securities Elon Musk, in a court filing, offered the following three reasons why he should not be held in contempt of court for violating a court Order in a recent tweet: There is no clear... Read more →
CFTC Issues Advisory on Violations of the Commodity Exchange Act Involving Foreign Corrupt Practices
Derivatives, Litigation The CFTC announced an Enforcement Advisory on self-reporting and cooperation for violations of the Commodity Exchange Act, or CEA, involving foreign corrupt practices. Because... Read more →
SEC Says Disclosing Material Internal Control Weaknesses is not a Substitute for Maintaining Internal Controls
Litigation, Public Companies and Securities The SEC announced settled charges against four public companies for failing to maintain internal control over financial reporting, or ICFR, for seven to 10 consecutive annual... Read more →