On May 13, 2014 Hertz (HTZ) notified the SEC that it wouldn’t be able to file its quarterly report (known as Form 10-Q) on time. In the filing (Form 12b-25, or NT 10-Q) Hertz disclosed that “additional work” was needed in order … Continue reading
Monthly Archives: June 2014
An Initial Look at Conflict Minerals & Dodd Frank Section 1502
On April 14, 2014, the United States Court of Appeals for the District of Columbia Circuit issued a decision in National Association of Manufacturers, et al. v. SEC, et al., No. 13-5252 (D.C. Cir. April 14, 2014). The Court concluded … Continue reading
Emerging Growth Company IPOs
One of the key provisions of the JOBS Act, which was signed into law on April 5, 2012, was the designation of Emerging Growth Companies. An Emerging Growth Company (or EGC) is a company which reports less than $1 billion in total … Continue reading
Terrorist Nation and OFAC Violations – SEC Comment Letters
Last week rumors hit the Street that BNP Paribas (EPA:BNP), one of the largest French banks, would settle with the US Department of Justice for a record $5 billion (or even $10bn, according to different sources). BNP is also facing criminal … Continue reading
Public Company Auditor Market Share: 2014 Update
Who audits public companies? Anyone reading this blog post here on Audit Analytics will most likely be familiar with the Big Four (Deloitte, PricewaterhouseCoopers, Ernst & Young, and KPMG), who dominate the market share of public companies in the US and … Continue reading