'5th Analyst Calls' — Beyond Regulation FD Issues

Law360, New York (June 29, 2011, 4:56 PM EDT) -- A debate that is heating up among public companies is whether to hold a so-called “fifth analyst call” — in addition to the customary four quarterly calls — to answer shareholder governance questions. In at least one instance, a company’s lead independent director and the chairman of the compensation committee were reported to have participated on such a call with investors.

The call was not publicly announced in a press release or in a U.S. Securities and Exchange Commission filing, and access to the call was...
To view the full article, register now.