30-Jun-2016 - Trinity Industries, Inc. – TRN Multiple Confirmed, Undisclosed SEC Investigations. Analyst Summary: We first learned of undisclosed SEC investigative activity at this company in Jul-2015. Data recently received now points to more than one undisclosed...
Disclosure Insight - Commentary & Analysis
30-Jun-2016 - Varian Medical Systems, Inc. – VAR Documents Received on a Closed, Undisclosed SEC Investigation Analyst Summary: In Nov-2015, Feb-2016, and May-2016, Varian disclosed investigative activity involving a Portuguese exposure. It doesn’t sound so bad when you read...
29-Jun-2016 - comScore Inc. – SCOR SEC investigation confirmed Run fast, run far – It’s not if you are going to get more bad news from comScore, it’s when. In one of those could-of, would-of, should-of moments we all have in life from time-to-time, we had a research report already...
27-Jun-2016 - Tesla Motors – TSLA / SolarCity - SCTY Tesla / SolarCity: Governance Conflicts, Disclosure Shortcomings Analyst Summary: In the past we wrote of undisclosed problems found each at Tesla and SolarCity. Even if since resolved, which is not necessarily clear in the case of...
27-Jun-2016 - Microsoft Corp – $MSFT Microsoft Keeping Investors in the Dark on SEC Investigations (Still) Multiple Undisclosed SEC Investigations Found Analyst Summary: Evidence of multiple, confirmed undisclosed SEC probes found. We are puzzled, if not troubled, that...
1-Jun-2016 - Alcoa – $AA / RTI International Metals, Inc. – $RTI Multiple Undisclosed SEC Investigations Confirmed Alcoa Contending With At Least Two Undisclosed SEC Probes Analyst Summary: Undisclosed SEC Probe Again Confirmed at RTI International Metals, Inc. $RTI...
1-Jun-2016 - Johnson Controls – $JCI Analyst Summary: A disclosed SEC investigation is confirmed as on-going. This company has a FCPA probe that has been running a long time, involves accounting, and could hurt (or already is hurting) operations. We explain the flaw inherent in...
26-May-2016 - Alibaba Group Holding Ltd – $BABA We parse the language used in Alibaba's newly-disclosed SEC investigation Analyst Summary: On 24-May-2016, Alibaba Group disclosed what appears to be an informal SEC investigation. This is the first time this...