Disclosure Insight's  Instablog

Disclosure Insight
Send Message
John P. Gavin, CFA, is the founder and CEO of Disclosure Insight®, an independent publisher of investment research. Mr. Gavin has spent his entire career of over 25 years in the financial services industry. Prior to starting “DI” in 2000, he worked as an equity analyst and portfolio manager with... More
My company:
Disclosure Insight
My blog:
The D.I. Blog
  • Companies With Risk of Undisclosed SEC Probes 0 comments
    Dec 27, 2011 4:57 PM | about stocks: XOM, FCX, HRB, JDAS, JBLU, KBR, MGM

    The following is excerpted from a research report we originally published for subscribers on 9-Dec-11. It is based on data we routinely acquire from the United States Securities and Exchange Commission under the Freedom of Information Act. This particular report warns of the risk of undisclosed SEC investigative activity in the companies noted below. The full report of 9-Dec-11 is attached.

    Undisclosed SEC Investigative Activity

    Exxon Mobil Corp. (XOM- $79.87 Mkt. Cap.- $383.8 B) Possible, Undisclosed SEC Investigation. In a letter dated 8-Dec-11, we received information from the SEC suggesting this company was involved in unspecified SEC investigative activity. We found no disclosure of the same as of this date.

    Freeport McMoran Copper & Gold Inc. (FCX- $38.34 Mkt. Cap.- $36.3 B) New SEC Data Point Re-affirms Risk of Involvement in an Undisclosed SEC Investigation. In a letter dated 28-Sep-11, the SEC confirmed that this company was somehow involved in an active and ongoing investigation that appeared undisclosed at the time. In a letter dated 7-Dec-11, we received new information from the SEC suggesting, again, this company was involved in unspecified SEC investigative activity. We continue to find no disclosure of the same as of this date.

    H&R Block Inc. (HRB- $15.57 Mkt. Cap.- $4.6 B) New SEC Data Point Re-affirms Risk of Involvement in an Undisclosed SEC Investigation. In a letter dated 29-Sep-11, the SEC confirmed that this company was somehow involved in an active and ongoing investigation that appeared undisclosed at the time. In a letter dated 8-Dec-11, we received new information from the SEC suggesting, again, this company was involved in unspecified SEC investigative activity. We continue to find no disclosure of the same as of this date.

    JDA Software Group Inc. (JDAS- $32.21 Mkt. Cap.- $1.4 B) New SEC Data Point Re-affirms Risk of Involvement in an Undisclosed SEC Investigation. In a letter dated 28-Sep-11, the SEC confirmed that this company was somehow involved in an active and ongoing investigation that appeared undisclosed at the time. In a letter dated 7-Dec-11, we received new information from the SEC suggesting, again, this company was involved in unspecified SEC investigative activity. We continue to find no disclosure of the same as of this date.

    JetBlue Airways Corp. (JBLU- $4.75 Mkt. Cap.- $1.4 B) Possible, Undisclosed SEC Investigation. In a letter dated 8-Dec-11, we received information from the SEC suggesting this company was involved in unspecified SEC investigative activity. We found no disclosure of the same as of this date.

    KBR Inc. (KBR- $26.86 Mkt. Cap.- $4.0 B) Possible, Undisclosed SEC Investigation. In a letter dated 10-Nov-11, we received information from the SEC suggesting this company was involved in unspecified SEC investigative activity. We found no disclosure of the same as of this date.

    MGM Resorts International (MGM- $9.87 Mkt. Cap.- $4.8 B) Possible, Undisclosed SEC Investigation. In a letter dated 23-Nov-11, we received information from the SEC suggesting this company was involved in unspecified SEC investigative activity. We found no disclosure of the same as of this date.

    Attachment: www.disclosureinsight.com/sites/default/...

    Stocks: XOM, FCX, HRB, JDAS, JBLU, KBR, MGM
Back To Disclosure Insight's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.