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Ken Yeadon Discusses D&O Claims Impact of a Proposed Change to the SEC Quarterly Report Requirement

September 28, 2018

Hinshaw partner Ken Yeadon was featured in a Business Insurance article titled, "Trump 6-month reporting idea has D&O claims benefits, downsides." The President has reportedly suggested the SEC consider permitting biannual rather than quarterly earnings reports. Yeadon—a former Assistant U.S. Attorney and a former U.S. Securities and Exchange Commission (SEC) enforcement attorney—offered some thoughts about potential downsides to such a change in approach.

"Moving to a six-month reporting schedule would upend a long history of quarterly reporting and companies have a lot of structures  in place that are based on quarterly earnings," he said.

Read "Trump 6-month reporting idea has D&O claims benefits, downsides," on the Business Insurance website (subscription may be required)

Hinshaw & Culbertson LLP is a U.S. based law firm with offices in 11 states and London. The firm's national reputation spans the insurance industry, the professional services sector—including representation of law firms and lawyers—and other highly regulated industries, such as banking and finance and the debt collection sector. Hinshaw also provides a series of closely coordinated litigation, business advisory and transactional services to clients of all sizes as well as governmental and public sector entities.

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