Topic
Materiality
117 published works
Organizational Integrity Group Blog
Materiality Part II: Government Knowledge
Editor’s Note: This is the second in a five-part series on how U.S. district courts and courts of appeal have applied the materiality standard set forth in Universal Health Services,…
Corporate & Financial Weekly Digest
FASB Ceases Work on Proposal To Amend Definition of “Materiality” for US GAAP
By Mark D. Wood, Mark J. Reyes, Alyse A. Sagalchik
As previously discussed in the September 1edition of Corporate & Financial Weekly Digest, the Financial Accounting Standards Board (FASB) had issued Proposed Accounting Standards Update (ASU) No. 2015-310, in which…
Inside the False Claims Act
Fifth Circuit Relies on Escobar in Vacating $663 Million FCA Judgment
The U.S. Court of Appeals for the Fifth Circuit vacated a $663 million judgment, concluding that the Supreme Court’s opinion in Escobar doomed the plaintiff’s FCA claims on the issue…
Inside Government Contracts
Trinity: Divine Fifth Circuit Ruling Gives FCA Defendants Reason for Praise
By Peter B. Hutt II, Michael Wagner
Last year, the Supreme Court’s watershed Escobar ruling altered the landscape of False Claims Act litigation when it declared that the FCA’s materiality requirement presented a “demanding” barrier to plaintiffs…
Global Regulatory Enforcement Law Blog
Significant FCA Decision Affirms the Importance of Materiality
The U.S. Court of Appeals for the Fifth Circuit recently issued a well-reasoned decision that takes the rare step of overruling a jury finding of False Claims Act (FCA) liability,…
Corporate & Financial Weekly Digest
Speech From the Office of the Investor Advocate Addresses FASB’s Proposals Regarding the Definition of Materiality
By Mark D. Wood, Mark J. Reyes, Shannon M. Traylor
On August 22, the Investor Engagement Advisor in the Office of the Investor Advocate, Stephen Deane, gave a speech to the Tulsa chapter of the Institute of Management Accountants in…
Corporate & Securities Law Blog
Second Circuit Rejects First Circuit’s “Extreme Departure” Test for Assessing Materiality of an Alleged Omission of Interim Financial Information From Registration Statement
In Stadnick v. Vivint Solar, Inc., 2017 WL 2661597 (2d Cir. June 21, 2017), the United States Court of Appeals for the Second Circuit affirmed the dismissal of claims for…
Global Investigations & Compliance Review
Applying Escobar — Decisions on Materiality, Falsity and Other Issues
June 16, 2017, marks the one-year anniversary of the precedent-setting U.S. Supreme Court decision in Universal Health Services v. United States ex rel. Escobar (Escobar), which approved the implied false…
Triage Health Law
Applying Escobar — Decisions on Materiality, Falsity and Other Issues
June 16, 2017, marks the one-year anniversary of the precedent-setting U.S. Supreme Court decision in Universal Health Services v. United States ex rel. Escobar (Escobar), which approved the implied false…
Securities Law Prof Blog
Schulzke & Berger-Walliser on Materiality
Kurt S. Schulzke and Gerlinde Berger-Walliser have posted Toward a Unified Theory of Materiality in Securities Law on SSRN with the following abstract:In the face of rapidly advancing globalization of capital…