Frank Borger Gilligan was recently quoted in Compliance Week article, "Expert: SEC’s view on Prager Metis indemnity clauses ‘problematic’."

Frank Borger Gilligan was recently quoted in Compliance Week article, “Expert: SEC’s view on Prager Metis indemnity clauses ‘problematic’.” The article discusses the Securities and Exchange Commission’s recent complaint against Prager Metis. “Ensuring that auditors remain independent is certainly a good thing,” Frank states, continuing to say that this independence gives investors and clients “some assurances that financial statements are in order and that statements in the offering documents are true and accurate.” To read more, click here.