Newsletter
A Plea for Plain English in Financial Documents
By Steve Lipin and Adam Rosman
Why are many financial news releases and publicly filed documents written so poorly?
How many times in reading a deal, initial public offering or financial news release have you seen phrases like “pursuant to which,” “whereby” or a document that starts out with a disclaimer in BOLDFACED ALL CAPS that often seems as if it requires a Ph.D. to comprehend?
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