TheCorporateCounsel.net

A few days ago, the PCAOB issued this 47-page “Staff Consultation Paper” about accounting estimates and fair value measurements. What is a “Staff Consultation Paper”? It appears to be similar to the SEC’s concept release – except it is issued at the Staff level and not by the PCAOB Board itself. I believe this is the first time that the PCAOB has issued this type of thing. Learn more about the paper in the FEI Daily and AccountingWeb.com…

This “Barely Legal Pawn” video featuring Bryan Cranston, Aaron Paul and Julia Louis-Dreyfus is hilarious!

Broadridge’s 2014 Proxy Season Stats

Last week, Broadridge released its 2014 proxy season stats. Most of the stats were in line with recent years, except mobile voting grew to over 1.5 million shareholders, a 300% increase over since ’12 and 70% from ’13…

Dodd-Frank’s Anti-Retaliation Provisions Don’t Protect Overseas Whistleblowers

Kevin LaCroix opens this blog with “In the latest fiscal year report of the SEC Office of the Whistleblower, the agency reported that as of the end of the 2013 fiscal year it had received a total of 6,573 whistleblower reports since the the Dodd-Frank whistleblower program’s inception. These figures include not only domestic whistleblower reports but also reports from a total of sixty-eight different countries. During fiscal year 2013, there were 404 whistleblower reports from outside the U.S. representing nearly 12% of all reports during the year. Clearly, whistleblower reports from non-U.S. countries have represented a significant part of the whistleblower program, and foreign whistleblowers have been drawn to the program.” He then goes on to discuss a new 2nd Circuit appellate court decision – Liu Meng-Lin v. Siemens AG – that found that Dodd-Frank’s whistleblower anti-retaliation protections do not apply extraterritorially. We are posting memos about that case in our “Whistleblowers” Practice Area…

– Broc Romanek