Anyone interested in investing knows that IPO is a company’s initial public offering- the price they first sell shares for on the stock market. Companies must adhere to federal securities law by registering any transactions with the Securities and Exchange Commission. Here is a general high-level guideline for evaluating the quality, merit, and fairness of a company’s IPO to help you can make educated investments.
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Tags: financial risk, investing, IPO, shareholder, prospectus, EDGAR database
Commissioner Luis A. Auiglar from the SEC recently released an article regarding the importance of corporate disclosure at annual shareholder meetings, and the connection between transparency and happy investors.
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Tags: investing, BOD, political spending, leadership, proxy report, shareholder, annual shareholder meeting, Vibato, corporate governance, board of directors, educated investing
The FBI and Securties and Exchange Commission are investigating illegal trading of Heinz (HNZ) stock, red flagged by a large purchase on 2/13/13 from a dormant Swiss account just one day before Heinz was bought by Warren Buffet’s Berkshire Hathaway (BRK.A) and 3G Capital. This acquistion was a $28 billion deal, which increased Heinz’s stock value by 20% in one day.
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Tags: Berkshire Hathaway, Securities and Exchange Commission, stock market, Acquisition, heinz, fraud, SEC, federal investigation, insider trading, 3G Capital
Most people who donate to charities do not expect their funds to be gambled with. However, former Mayor of San Diego, Maureen O’Connor believed it was okay to dip into her late husband’s charity foundation to ‘borrow’ $2 million for her online video poker addiction. Her defense ranged from a diagnosis of a tumor which inhibits her to control logic and judgment, to grief gambling after the passing of her husband and two siblings.
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Tags: san diego, mayor, gambling, fraud, charity, maureen o'connor, money laundering
New technology is helping seek out fraudulent behavior behind closed doors of companies. Ernst & Young’s Fraud Investigation & Disputes Services is releasing new software that searches for specific key words in company e-mails and detects a change of voice in a spoken press release. The most common fraud phrases are obvious but interesting:
1. Cover Up
2. Write Off
3. Illegal
4. Failed investment
5. Nobody will find out
6. Grey area
7. They owe it to me
8. Do not volunteer information
9. Not ethical
10. Off the books
Check out more at: http://tinyurl.com/az78o8g
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1. Cover Up
2. Write Off
3. Illegal
4. Failed investment
5. Nobody will find out
6. Grey area
7. They owe it to me
8. Do not volunteer information
9. Not ethical
10. Off the books
Check out more at: http://tinyurl.com/az78o8g
0 Comments Click here to read/write comments
Tags: Internal Controls, fraud prevention, Press Release, software, compliance, internal control, internal control tips, fraud, Ernst & Young, key words
