Topic: Risk Factors

— 2640 items —

At the Friday night dump…
April 30, 2007—I was expecting Friday night’s crop of filings to be pretty good, given the proxy deadline. But based on the stuff I’ve come across so far — and I’m still making my way through lots of filings — it was even better than expected. Some companies, including Brightpoint (CELL) opted to amend their K, including […]

Charge it!
April 12, 2007—Judging by the preliminary proxy that Mastercard (MA) filed on Tuesday, 2006 must have been a good year for home security firms in suburban NYC, where the company is based. That’s because according to the proxy, several Mastercard executives got what seems to be — judging by the cost alone — a pretty extensive system […]

History repeats itself…
February 8, 2007—Back in the early 1990s, when I was a young reporter on Florida’s west coast, I covered a bank called Key Florida that talked a good game and dressed up its numbers real pretty, but was essentially a house of cards that eventually folded under the weight of too many questionable real estate loans during […]

Flights of fancy…
January 25, 2007—One of the few nice things about a long flight — like the one I took home from Paris on Tuesday — is that you get lots of uninterrupted time to read. No phone calls. No email. Nothing else to do, but sit and periodically check the map to see exactly where you are in […]

Scandal update…
December 12, 2006—Today was supposed to be the day that Jeff Skilling got outfitted with an orange jumpsuit (or whatever they wear in federal prisons these days) to begin his 24-year term for his role in crashing Enron into the ground. But as the WSJ reported late yesterday, that’s been delayed while an appeals court considers whether […]

Pretty juicy…
October 16, 2006—As many people know, Sarbanes Oxley prohibited making loans to top executives. But that doesn’t mean that the loans — in one form or another — have disappeared entirely from the filings. Take Service Acquisition Corp. International (SVI), which disclosed $1.72 million in loan forgiveness and tax gross-up for CEO Paul Clayton in this proxy […]

It’s like, totally tubular…
September 29, 2006—At the risk of dating myself by dredging up Valley Girl speak, the merger proxy filed by industrial tubing company NS Group Inc. (NSS) earlier this week was, um, totally tubular. And it deserves a rare footnoted.org gold star. That’s because unlike a lot of other companies that require investors to piece together several different […]

A pretty sweet gig…
June 8, 2006—As chief operating officer for underwriting firm Endurance Specialty Holdings (ENH), Steven Carlsen made $600K a year, according to the company’s most recent proxy. But now that he’s left the company to become a consultant, he stands to make nearly as much, despite the fact that he’ll only be required to work up to 90 […]

Who knew?
February 1, 2006—When you think about companies that face security risks, chances are that one that focuses on pest extermination probably isn’t at the top of your lists, unless one day cockroaches decide to start fighting back. Yet, in this 8-K filed by Rollins Inc. (ROL) yesterday, that’s exactly why the company said that Chairman Randall Rollins […]

Take me to the mountaintop…
October 5, 2005—Earlier today, Vail Resorts (MTN) reported results for fiscal 2005. At the same time, the company filed its hefty (220 pages) 10-K, which should give investors plenty to read, particularly when it comes to the company’s lengthy disclosures of risk factors and related party transactions. In the past, the SEC has criticized the company for […]