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The SEC stands for the Security Exchange Commission. Most if not all public US based corporations must file quarterly reports of various types during the course of their fiscal years. One part of a quarterly report informs the SEC and by doing so the public about so-called insider trading transactions. Should the corporation make an error in the report, the SEC may make an inquiry as to why the report was inaccurate. In order to have the SEC & the public to have the corrected report issued within a set period of time & thus making a settlement that is agreed upon by the corporation & the SEC.
The settlement can be postponed with regards to the deadline for the new accurate report because of unusual circumstances such as: It is determined by the corporation's outside accounting firm and new evidence presented by the corporation that the "error" was in fact not an error at all, but a problem in proofreading the submitted report. That all company insiders did in fact report all insider trade. In this case the time set to issue a new report is waived and a brief statement issued by the corporation & the outside accounting firm showing a small error is likely to be sufficient rather than taking the time to re-investigate all the trades. Thus the SEC will happily agree to the offer of a brief correcting statement. The corporation cannot make a habit of producing questionable reports or there is now a problem.
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Debt Settlement Agreement?
Get StartedA Debt Settlement Agreement can be used to define settlement terms between businesses or individuals. The Debt Settlement Agreement defines the original amount owed, the final amount to be paid as agreed by all parties, and the last date for payment to be made. Optional sections in this agreement cover liability and confidentiality as well.
What are bipartite and tripartite bodies in dispute settlement?
Bipartite bodies in a dispute settlement is an agreement between two parties. Tripartitie bodies is an agreement between three parties involved in a settlement.
Is an employment settlement agreement the same as a notice to quit?
no
What is a synonym word for compromise?
give-and-take, agreement, settlement, accommodation, concession, adjustment, trade-off
Is divorce decre settlement agreement taxable?
Settlement was made out of court as part of a business sale is it taxable
what's the difference between settlement memorandum & a settlement agreement & release?
A settlement memorandum is a summary of terms agreed upon in a settlement negotiation. A settlement agreement is a legally binding document that outlines the terms of a settlement between parties. A settlement release is a document that releases one or both parties from further liability related to the dispute that is being settled.
Can you appeal or overturn a settlement agreement if ill advised?
A settlement agreement is a contract. You would have to prove that there is some legal defect with the contract, such as duress. Simply changing your mind is not sufficient.
When was the IRA peace settlement?
The 1998 Good Friday Agreement.
Can you appeal mediation?
No. Not if you agree to it. Mediation is a system entered into by MUTUAL agreement, by which an impartial person assists the parties in reaching a settlement agreement. Once a person has agreed to a settlement, they cannot appeal.
If you accept a workers compensation settlement can you still sue company?
Hi~ Usually a settlement will include that there is no other recourse for matter; so no, I do not believe you can - if you have such agreement with your settlement.
How can you change a signed auto insurance settlement?
You don't. A signed settlement is a legal binding agreement between you and the insurance company.
How can someone get information on pre settlement loans?
Pre-Settlement is the period of time after which a claim has been brought by plaintiff and prior to the execution of the settlement agreement, verdict or judgment.
