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“I know of no case that has held anyone liable for clearly and accurately disclosing material information to investors. In all likelihood, liability should decrease with the use of plain English because it results in less confusing disclosure.”
Isaac Hunt, Jr., former SEC Commissioner, July 17, 1997
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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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