Audit Analytics recently released a new report, Impacts of COVID-19 on Public Companies. Leveraging our extensive databases, this report provides an in-depth look at the pandemic’s impacts on certain aspects of financial reporting and financial health metrics of public companies. … Continue reading
Category Archives: Litigation
COVID-19 Lawsuits Continue to Pose Ongoing Risk
As the COVID-19 pandemic wears on and 2020 nears its end, one thing is abundantly clear: the vast, unprecedented impacts of the pandemic are going to be a part of the conversation moving forward. This conversation will be perpetuated by … Continue reading
COVID-19 Litigation Continues To Be Filed by Consumers and Employees
Since the start of the pandemic, Audit Analytics has identified over 120 instances of COVID-19 litigation. These include lawsuits that are filed directly referencing circumstances that would not otherwise exist outside of the coronavirus pandemic. There are a wide array … Continue reading
Class Action Lawsuits and Regulatory Litigation Related to COVID-19
As the COVID-19 pandemic continues to wreak havoc on daily life, consumers and personnel that are feeling the ripple effects are beginning to file litigation against public and private companies in increasing numbers. Concurrently, the SEC is filing civil lawsuits … Continue reading
COVID-19 Affects Transaction Agreement for L Brands, Inc.
On April 22, 2020, L Brands, Inc. [NYSE: LB] announced that Sycamore Partners, a private equity firm, delivered a notice that same day purporting to terminate the transaction agreement relating to the sale of a 55% interest in Victoria’s Secret … Continue reading
Effects of Coronavirus on Financial Reporting
With the ongoing developments regarding the coronavirus (COVID-19) pandemic and its effects on financial markets and financial reporting, Audit Analytics is monitoring important disclosures from public companies that reference the illness and the associated impacts. This includes companies that are … Continue reading
An Update on Law Firm Market Share
Over the past two years, more than 2,500 SEC registered companies disclosed material federal civil litigation.1 With over 1,600 different law firms representing these companies, the competition for litigation market share remains tight. In our previous law firm market share … Continue reading