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“Even though they are nominally written in English, the disclosures in some documents that are provided to investors are often so full of legal jargon and boilerplate disclosure that they can actually obscure important information.
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Christopher Cox, former SEC Chairman, May 3, 2006
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SAMPLE 3 - Re-written by ICS
ABC Corporation has been a major producer of plastic containers for the packaging industry since its founding in 1968. ABC’s revenues were approximately $83 million for the fiscal year ended June 30, 2002. ABC has executive offices in Eatontown, New Jersey, and manufacturing facilities in Pennsylvania, New York, South Carolina, and Illinois. ABC has four wholly-owned subsidiaries: XYZ Corporation, which manufactures and sells general line plastic bottles; the DEF Corporation and GHI Industries, Inc., both of which manufacture and sell specialty plastic containers; and JKL Corporation, a leading supplier of PVC compounds and specially plastic alloys. ABC’s stock is traded under the symbol 1234.
Click here for original
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