Article: SEC warns re "pro forma" earnings

Discussion in 'Trading' started by fast, Dec 5, 2001.

  1. fast

    fast

    December 4, 2001: 4:56 p.m. ET

    NEW YORK (CNN/Money) - The nation's top securities regulator warned Tuesday that companies could be sued if they mislead investors by issuing confusing so-called "pro forma" financial results, weighing in on an issue of increasing concern to analysts and investors.

    :) :) :) :) :) :)

    Full article:

    http://money.cnn.com/2001/12/04/news/sec_numbers/

    Think this is a result of the ENE debacle? :p