Disclosure Games®
Conn's, Inc. – CONN
$35.35 Mkt Cap $1.07 B
Summary and Opinion: From carefully timed delays in the initial disclosure of its SEC probe in 2014, to failure to provide meaningful updates since then, we think Conn’s is playing Disclosure Games® with investors about an SEC probe that could have grave and lasting consequence for the company’s capacity to deliver on earnings. If you can’t get your arms around exactly what’s going on, which we say you cannot based on the company’s shoddy disclosure practices, then you are faced with a material risk you cannot assess. In those instances, we recommend investors stay away.
Full report appears as a PDF only visible to paid subscribers who are logged-in.
-- Probes Reporter
Independent Investment Research Focused on Public Company Interactions with the SEC.
Notes: Our Disclosure Insight® reports, like those coming from other financial news and data providers, provide the investing public with commentary and analysis on public company interactions between investors and/or with the SEC and other agencies. They are journalistically based in large part on our expertise with federal filings using the Freedom of Information Act.
“Disclosure Games®” is a term we use to highlight those public companies engaging in disclosure practices that in our opinion may be misleading, confusing, evasive, or otherwise lacking the transparency needed for investors to make well-informed investment decisions regarding a potentially material exposure.
To learn more on our process and what our findings mean, click here.