An analysis of the Russell 3000’s material litigation since January 1, 2015, yields over 2,500 cases filed in U.S. federal courts as of May 9, 2018. While the allegations in each case are unique, the five most common natures-of-suit (NOS) … Continue reading
Category Archives: Corporate + Legal
SEC Comment Letters Every Analyst Should Read
As part of its requirements under the Sarbanes-Oxley Act of 2002, the SEC reviews the financial reporting of every public company at least once every three years. If the SEC has questions, the company will receive a SEC Comment Letter. … Continue reading
Audit Analytics for the Classroom
Audit Analytics has become an integral part of the accounting research community. Cited in numerous scholarly papers and used by over 260 universities worldwide, Audit Analytics is a leading source for examining public company disclosures, issues, and trends. Audit Analytics provides … Continue reading
2017 Transfer Agent Market Share
For the past five years, we have examined the market share of transfer agents engaged by active SEC registrants. During this time, we have noted only minor changes to the market share of the top five transfer agents- Computershare/BNY Mellon, … Continue reading
Ranking the Equifax Data Breach
Equifax [EFX] is the latest casualty of a massive data breach. Equifax recently disclosed that a cybersecurity incident may have affected 143 million U.S. consumers. According to Equifax, the incident occurred between May and July 2017. The breached information included names, … Continue reading
Law Firm Market Share
Over the past two years, approximately 2,300 SEC registered companies have disclosed material, federal civil litigation. With over 1,800 different law firms representing these companies, competition is tight in terms of litigation market share. Let’s take a look. With 22 offices around the globe, it comes … Continue reading
What’s with SNAP’s IPO Accounting Fees?
Snap, Inc.’s recent IPO was the largest since 2014, and represents another landmark for social media companies. While the biggest question mark for Snap probably revolves around its astronomical valuation despite significant concerns about its business model, one relatively small thing … Continue reading