Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.
On Wednesday, April 4, 2018, the Securities and Exchange Commission ("SEC") published new Compliance and Disclosure Interpretations ("New C&DIs") on the use of non-GAAP financial measures.
On Wednesday, April 4, 2018, the Securities and Exchange
Commission ("SEC") published new Compliance and
Disclosure Interpretations ("New C&DIs") on the use
of non-GAAP financial measures. The New C&DIs supplement and
clarify the Staff's existing guidance with respect to non-GAAP
financial measures for business combination transactions.
Please see Morrison & Foerster's
client alert on the New C&DIs.
Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
situations.