Quote:
Originally posted by Flinty_McFlint
It really isn't much of a big deal, missed securities filings happen (although missing it in 10+ states for your highest profile client isn't too impressive, especially when about every state has an 701-type exemption readily available), and you would think that they would have moved a lot earlier to fix it as so not to potentially scare potential investors (and the market) prior to their IPO.
It actually makes me feel better--the next time I mess up, I can say I'm just like a biglaw atty.
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Agreed, but it should have been caught before the S-1 was filed. My guess is that the SEC gave them the comment.