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Groupon, Inc. (GRPN) Message Board

  • jmlregoog jmlregoog Mar 7, 2013 10:59 AM Flag

    Let's Not Forget

    In the October 4, 2012 letter from the SEC to Groupon CFO Jason Child re the agency's investigation into the 2011 10K filed by the company, the SEC warned that further scrutiny may take place in the future, despite the agency’s initial findings: "Dear Mr. Child:
    We have completed our review of your filings. We remind you that our comments or changes to disclosure in response to our comments do not foreclose the Commission from taking any action with respect to the company or the filings and the company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filings to be certain that the filings include the information the Securities Exchange Act of 1934 and all applicable rules require."

    In view of the above, do you think the SEC is closely scrutinizing the co's 2012 10K and related activity?

 
GRPN
8.18-0.120(-1.45%)Feb 27 4:00 PMEST

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