Discuss whether you believe that the conclusion reached by Danle to omit disclosure relating to the class-action litigation was appropriate for the year ended December 31, 2009

If Danle's Form 10-Q for the quarter ended March 31, 2010, were to be reviewed by the SEC's Division of Corporate Finance, what comments may Danle expect to receive regarding its disclosure in that period? Discuss the basis for the comments you have identified

If Danle's Form 10-K for the year ended December 31, 2010, were to be reviewed by the SEC's Division of Corporate Finance, what comments may Danle expect to receive regarding its disclosure in that period? Discuss the basis for the comments you have identified

Answer rating: 100% (QA)

I believe that omitting the disclosure relating to the classaction litigation was appropriate for th... View the full answer