Topic: Regulatory

— 1969 items —

A real gusher…
June 27, 2007—While footnoted.org doesn’t normally pay a lot of attention to pink sheet stocks, it was hard to ignore this 8-K filed by Key Energy Services (KEGS.PK) late yesterday. That’s because the company, which hasn’t filed a K or Q since the fall of 2003 (though that didn’t stop the stock from reaching a new 52-week […]

If only the SEC would IM…
May 7, 2007—Although footnoted.org doesn’t spend a lot of time looking at SEC comment letters, it was hard not to notice the six letters released on Friday between regulators and the teen mall retailer Hot Topic (HOTT). The letters, the first of which dates back to Aug. 30 provides additional context and explanation on why the company […]

Reading between the lines…
January 11, 2007—Is it just us cynics here at footnoted.org, or does something seem strange about the sequence of events at Build-A-Bear Workshop (BBW)? On Friday, the company put out this press release announcing the departure — that very day — of Chief Operating Bear Barry Erdos. Though neither the press release nor the accompanying separation agreement […]

Auxiliary information…
July 3, 2006—Friday afternoon is always a great time to bury something in a SEC filing, and Auxilium Pharmaceuticals Inc.’s (AUXL) recent reports are no exception.  In the 8-K Auxilium filed last Monday, June 26, the Company announced the appointment of new CEO, Armando Anido, concurrent with the resignation of former CEO Gerri Henwood.  In the filing, the […]

My Italian villa…
June 7, 2006—Back in March, I took two weeks off and spent some time in Tuscany and Umbria where I began to fantasize about buying the fabulous house that I had rented for a very reasonable price just because it was off-season. And while I’ve turned the vista into a screen-saver for my laptop, I knew it […]

Translation please!
May 11, 2006—Yesterday, in its 10-Q Caci International (CAI) disclosed that it had received a subpoena from the Department of Energy’s Office of the Inspector General. Why it waited until May 10 to disclose something that was issued on March 27 is just one of the questions, though. In the disclosure, the company says that the Energy […]

A potential conflict?
April 6, 2006—Buried in the K that Hertz (former ticker:HTZ) filed yesterday was an interesting disclosure about an informal investigation by the SEC’s Division of Enforcement. It seems that regulators are wondering whether Hertz’s auditors, PwC, were sufficiently independent from the company because PwC rents a lot of cars from Hertz. Just to remind you, Hertz was […]

Money for nothing…
November 7, 2005—If 60 is the new 40, then what is someone who’s only 57 doing retiring? While California utility company PG&E (PCG) announced President and CEO Gordon R. Smith’s plans to retire on Dec. 31 back in September, the details of Smith’s severance were buried in an exhibit to the Q. The Q was filed last […]

Odds and ends…
November 1, 2005—I’m still slogging through Friday night’s filings and have come across a number of interesting things at various companies. Here’s a quick run-down: At Extreme Networks (EXTR), the company noted in a proxy filed late Friday that its compensation committee had decided to accelerate the vesting of all options that cost $7 or more under […]

Skunked!
August 8, 2005—It’s always interesting to see what turns up in the Friday night dump — what companies try to bury in their SEC filings late on a Friday when they think nobody is looking — and this past Friday had plenty of interesting stuff. For example, late Friday in their routine Q, Molson-Coors Brewing (TAP) disclosed […]