Cherry Bekaert Ranked as Top 5 Litigation Support Firm in South Florida
Congratulations to Cherry Bekaert’s South Florida Forensic and Litigation Support team for earning the fifth spot in South Florida Business Journal’s Litigation Support Accounting Firms List for 2017 . Cherry Bekaert’s fifth-place ranking is a one-spot rise from the 2016 list. Compiled by Gilberto Medina, research director for the South Florida Business Journal, the list ranked 36 South Florida-area accounting firms based on the number of litigation support Certified Public Accountants. The list was announced May 26. If you’re in the South Florida region and need guidance on forensic or litigation matters, contact a member of Cherry Bekaert’s South Florida Forensic and Litigation Support team .
Ex-SEC Commissioners Blame Companies for Long Disclosures
As the U.S. Securities and Exchange Commission (“SEC”) continues its project on simplifying corporate disclosure requirements, two of the agencies’ former commissioners say companies shoulder some of the blame for the disclosures’ length. At a U.S. Chamber of Commerce conference on July 29th, ex-SEC head Cynthia Glassman commented that the documents are often more for protection from litigation than educating investors, especially if the disclosure is in electronic form. Glassman said if a company had an executive summary that could link to additional disclosures, then a lawsuit could be created since it was considered incomplete. While companies try to cover. Read More.