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Expert Analysis

Governing Disclosure Of Loss Contingencies

Law360 (October 14, 2010, 5:02 PM EDT) -- Investors have expressed concern in recent years about the adequacy of companies' financial statement disclosures of nonfinancial loss contingencies, including claims arising from litigation. In response to this criticism, the Financial Accounting Standards Board (FASB) undertook a project to improve disclosure requirements and guidance in this area....

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