I wonder if I’m alone in being completely mystified by the following instruction that appears on the cover page of the SEC’s Form 10-K: Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ☐Yes ☐ No Why are there two boxes?
Last week, the California Attorney General Kamala D. Harris announced that she had filed a complaint for civil penalties, permanent injunction and other equitable relief against Corinthian Colleges and three of its school subsidiaries. Broadly speaking, the Attorney General is alleging that Corinthian Colleges has violated California consumer protection and securities laws. Among other things, the complaint points
In February, I wrote that I had noticed several errors in the PDF version of the Form 10-K posted on the Securities and Exchange Commission’s website. Here’s what I found: In General Instruction G(4), there is a reference to Rule 12b-23(e). There is no paragraph (e) to Rule 12b-23. The same instruction refers to “17 CFR
In Act II, Scene 1 of Shakespeare’s Julius Caesar, a striking clock sparks the following dialogue between Brutus and another conspirator: Brutus. Peace! count the clock. Cassius. The clock hath stricken three. In The Lives of the Twelve Caesars (De Vita Caesarum), the Roman historian Suetonius reports that more than 60 were joined in the plot to assassinate