Client Alert: Recent SEC Charges Show Division of Enforcement’s Continued Reliance on Data Analytics and Targeted Initiatives
Publications
May 5, 2021
Last week, the SEC’s Division of Enforcement charged eight public companies for failing to provide sufficient information in Form 12b-25 filings as to why their quarterly or annual report could not be filed on time. The crux of the cases was that the public companies failed to disclose, as required, significant changes in results of operations in the reported period. Because each of the public companies announced a restatement less than two weeks later, the SEC charged that this information should have been disclosed pursuant to the requirements of Form 12b-25 at the time of the initial filing. This client alert describes the settled actions, and discusses how these cases highlight the continued importance of data analytics and targeted initiatives in the Enforcement Division’s work.
To read the full article, please click here.
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© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.
Publications
May 5, 2021
Last week, the SEC’s Division of Enforcement charged eight public companies for failing to provide sufficient information in Form 12b-25 filings as to why their quarterly or annual report could not be filed on time. The crux of the cases was that the public companies failed to disclose, as required, significant changes in results of operations in the reported period. Because each of the public companies announced a restatement less than two weeks later, the SEC charged that this information should have been disclosed pursuant to the requirements of Form 12b-25 at the time of the initial filing. This client alert describes the settled actions, and discusses how these cases highlight the continued importance of data analytics and targeted initiatives in the Enforcement Division’s work.
To read the full article, please click here.
Related Lawyers
Related Capabilities
Related Locations
© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.
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