Meagan Reda Quoted in Bloomberg Law on Concerns with the Push to End Quarterly Reports
Olshan Shareholder Activism partner Meagan Reda was recently quoted in a Bloomberg Law article on the renewed drive to end public companies’ quarterly SEC reporting requirements in favor of semi-annual reporting requirements and the ramifications such a change could have on investors’ ability to obtain timely fiscal data. While some suggest a six-month schedule would cut costs and save time for publicly traded companies, Meagan says the accountability and transparency risks are not worth the payoff. With tariff impacts starting to appear in company filings and general inflation still a concern, Meagan notes, shareholders need more information right now, not less.
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