Comfort Letters And Post-Year-End Offerings

Law360 (February 8, 2011, 2:02 PM EST) -- When an issuer and an underwriter contemplate an offering after the issuer's fiscal year-end but before the issuance of its annual audited financial statements, the underwriter should anticipate that it may encounter objections from the issuer's accountant with respect to the comfort letter that the accountant is asked to provide....

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