At last week’s annual conference of the National Investor Relations Institute, the results of a survey were released that show companies are attempting to avoid use of pro forma numbers in earnings statements. The survey, which was originally conducted to determine whether new disclosure rules were negatively impacting the flow of information to shareholders and […]
Regulatory Enforcement
Posted inRegulatory Enforcement
Can A Possible Reg. FD Violation Turn Into An 8-K Breach?
Can a possible Reg FD violation turn into an 8-K breach? This is one of the questions surrounding AFC Enterprises, the fast food company that operates Cinnabon, Popeye’s and Church’s fried chicken. Last week, AFC filed its long-awaited 10-K for 2002, restating previously-reported earnings by $27.4 million over a three-year period due to what it […]
