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Most Frequent Allegations |
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Most Frequent Allegations
While the SEC publicizes only its enforcement actions and not its investigations, the management of public companies under investigation must make a determination as to whether the securities laws require public disclosure. Of the 197 public companies we have identified that settled enforcement proceedings related to company misstatements or omissions, we have found investigation announcement dates for 181. The average time from the investigation announcement to settlement for these 181 companies was 2.3 years. By way of comparison, over half of all enforcement actions in 2007 were brought within two years of the beginning of the investigation.
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