Publication
March 03, 2020

In their article, Jenner & Block Partners Charles D. Riely and Jeffrey R. Shuman and Associate Ravi Ramanathan examine the SEC’s approach to non-GAAP metrics (financial metrics used by public companies that do not follow a standard calculation dictated by US Generally Accepted Accounting Principles).  They explore the applicable regulation and guidance, and discuss how the SEC may address abuse of these metrics in an anti-fraud context.