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32 Due Diligence Red Flags

M&A Leadership Council

Dependency on a Few Customers: If a significant portion of the company’s revenue comes from a small number of customers, the loss of one or more of these customers could severely impact the business. Unresolved Tax Issues: Outstanding tax liabilities or disputes with tax authorities can lead to financial penalties and additional costs.

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SEC Commissioner Peirce Dissents from Rules on Cybersecurity Disclosure

Reynolds Holding

Today’s rule, by contrast, reads like a test run for future overly prescriptive, overly costly disclosure rules covering a never-ending list of hot topics. The release prescribes granular disclosures, which seem designed to better meet the needs of would-be hackers rather than investors’ need for financially material information. [8]

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Cleary Gottlieb Discusses AI’s Risks for Boards and Managers

Reynolds Holding

Securing these services ahead of time will be a worthwhile investment if a concerted campaign is launched against a corporation or its leadership team. Securing these services ahead of time will be a worthwhile investment if a concerted campaign is launched against a corporation or its leadership team.

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Otonomo Announces Fourth Quarter and Full Year 2022 Financial Results

Benzinga

NASDAQ: OTMO ), the platform powering the mobility economy, today announced its financial results for the fourth quarter and full year, ending December 31, 2022. Results reflect continued revenue growth, strong bookings and new strategic partnership agreements with industry leaders, including Microsoft. million compared to $1.1

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Gibson Dunn Offers 2022 Year-End Securities Litigation Update

Reynolds Holding

We continue to monitor the emergence of a potential circuit split regarding whether the Supreme Court’s 2019 decision in Lorenzo allows scheme liability under Rule 10b-5(a) and (c) without alleging dissemination and based solely on the same conduct as Rule 10b-5(b) misrepresentation claims. In particular, the Second Circuit in SEC v.