Many retailers are finding it increasingly difficult to keep their brick-and-mortar businesses afloat. Each week seems to bring new reports of another once-popular chain shuttering its doors or filing for bankruptcy. What you don’t often see, however, is the SEC getting involved. This is exactly what occurred when the SEC alleged Conn’s engaged in improper accounting practices.
The U.S. Securities and Exchange Commission (SEC) is floating a new proposal that proponents hope will encourage more Initial Public Offerings (IPOs) by reducing auditing requirements for smaller public companies. However, experts have pointed out the proposal creates a new grey area that leaves questions for regulators and for small businesses too.
Tesla and SpaceX founder Elon Musk does not shy away from publicity. The entrepreneur has been on the cover of magazines and in front of cameras for years, but his recent posts on the social media site Twitter led the U.S. Securities and Exchange Commission (SEC) to take action. While Musk and the SEC have reached a settlement concerning their dispute, the episode provides a valuable lesson for business owners.
When individuals consider making an investment, they expect the information they are given about the investment to be accurate. This is not always the case. Investment and securities fraud may seem simple, but these allegations can be extremely complicated. The Securities and Exchange Commission (SEC) was handed a win by the United States Supreme Court in a recent investor fraud lawsuit.
Securities litigation can arise out of a variety of circumstances; and, getting to the issues at the heart of these legal disputes can often be challenging. At Burford Perry LLP, we regularly represent individuals and companies involved in securities litigation. Our depth of experience allows us to use innovative strategies to obtain successful outcomes for our clients.