The SEC Advisory Committee on Small and Emerging Companies has announced a public meeting to be held at 9:00 a.m. on Friday, June 8, 2012 in Multi-Purpose Room LL-006 at the SEC’s Washington, D.C. headquarters.
Facebook IPO: from sure thing to a big mess
Facebook’s post-IPO stock performance has been less than stellar, with none of the big price increases that were widely anticipated. This IPO is now widely viewed as flawed and as a failure in many respects.
JOBS Act update: Keeping current with the SEC’s interpretations
The SEC has been busy over the past several weeks rapidly issuing interpretations and procedures to implement the JOBS Act.
SEC continues to issue FAQs on the JOBS Act
On Monday, the SEC’s Division of Trading and Markets issued a set of FAQs on the JOBS Act addressing crowdfunding intermediaries.
New MD&A guidance for smaller financial institutions
The SEC Division of Corporate Finance recently issued guidance to smaller financial institutions concerning Management’s Discussion and Analysis and accounting policy disclosures.
Could directors be personally liable if Facebook paid too much for Instagram?
Facebook directors were likely put in a precarious situation because they could face removal by Zuckerberg for not voting in favor of the acquisition.
Got questions about the JOBS Act? SEC answers 17 common ones
On April 16th, the Securities and Exchange Commission’s Division of Corporation Finance issued 17 Frequently Asked Questions pertaining to Title I of the JOBS Act.
Groupon has accounting problems (again)
Groupon’s accounting problems appear to be potentially severe and have troubling ramifications for the entire technology industry, especially for technology companies that have recently gone public.
Federal prosecutors: Mafia gives new meaning to ‘hostile takeover’
The takeover of FirstPlus Financial Group represents what we think is a very novel allegedly hostile takeover bid by organized crime.
Senate passes JOBS Act, with amendments, which fundamentally alters securities laws
The Jumpstart Our Business Startups (JOBS) Act was passed by the U.S. Senate today, fundamentally altering securities laws.