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Decoding the SEC’s First “AI-Washing” Enforcement Actions

Harvard Corporate Governance

(“Global Predictions”)—involving allegations that the firms’ promotional materials exaggerated their use of AI or machine learning in their investment services, a practice the SEC has described as “AI-washing.”

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What to know about Form 4562: Depreciation and Amortization

ThomsonReuters

Section 179 and expensing property Running a company is expensive. If, during the tax year, a client has purchased a tangible or intangible asset and is looking to claim depreciation and amortization deductions or expense certain property under Section 179 , Form 4562 must be filed with their annual tax return. What is Form 4562?

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Weekly Roundup: October 27-November 2, 2023

Harvard Corporate Governance

Posner, Cooley LLP, on Thursday, November 2, 2023 Tags: CFO , Pareteum , SEC , Section 17(a) Engine No. 1: How Did the Activists Vote? Circuit , ESG , intraportfolio , SEC SEC charges executives with fraudulent revenue recognition practices Posted by Cydney S.

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Assessing Overlapping Boards After DOJ Crackdown

Cooley M&A

Department of Justice has garnered headlines by issuing press releases announcing that directors have stepped down from 10 company boards, in response to DOJ concerns that their roles violated the Clayton Act’s Section 8 prohibitions on interlocking directorates.In To learn more please see the recent Law360 article

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Guide to an ESOP Valuation Report

Peak Business Valuation

To learn more, see Understanding an ESOP Valuation. In the following sections, we discuss several key components of the ESOP valuation report. To learn more, see Financial Statement Analysis. In an ESOP valuation report , the risk factor section helps business owners identify challenges.

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Delaware bar recommends DGCL amendments, including officer exculpation charter provisions

Cooley M&A

To learn more about this recommendation, please see the recent post on Cooley PubCo. Typically, the Delaware legislature follows the Council’s recommendations. If adopted and signed into law, the amendments would become effective on August 1, 2022, and generally would apply to actions taken on or after August 1.

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Reviewing a Purchase Price Allocation (PPA) Report

Peak Business Valuation

By obtaining a PPA valuation , business owners learn the fair market value of a target business. See Reasons to Obtain a Purchase Price Allocation Valuation to learn more. Allocation Methods First, a crucial section of a purchase price allocation report is the allocation method explanation.