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Verisk Analytics, Inc. (VRSK) Message Board

  • mrgreenlee99 mrgreenlee99 May 5, 2011 11:26 AM Flag

    False Statement Corrected in 2011 Q1 10Q

    Verisk 10Q for 2011 Q1 removes prior false statement regarding ownership of less than 20% in Level 3 Private Investments - Verisk ~$4 million investment in IVOX, Inc. written off in its entirety. IVOX board of directors (including a representative of ISO, a wholly owned affiliate of Verisk) authorized in March 2011 the sale of IVOX preferred stock at $0.80 per share. How does Verisk approve the sale of stock at 80 cents on an investment that it has written off?

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