Securities Law

What Columbus Securities Lawyers Do
Although these disclosures may seem simple, they have many technical requirements that must be met before they will be accepted by the SEC. There is a list of over 30 items that must be included on a registration statement, and the main concern is the analysis of risk factors for the company. This is a concern because it is a vague requirement. Anything could be a potential risk factor for a company, and the requirement generally results in an extensive list of possible risk factors. The list of required items, along with the risk factors, result in documents upwards of 100 pages.
A potential workaround to the extensiveness of the document is trial and error; submitting smaller documents to the SEC and gradually including more information as the SEC denies the document and includes notes on why the document is denied. The problem with this is the same reason why these documents tend to be so extensive: the SEC will prevent your company from resubmitting the document for 180 days if it is denied. Fortunately, the SEC allows companies 1 submission for review and not for approval. This allows you to draft your registration statement and see what it's missing without it being denied and losing 180 days of time. These rules and penalties are just further proof of how important documents relating to securities are and how necessary it is to have a securities lawyer help you get them right.
Why You Need Help
The rules revolving around the sale of a security are highly complicated. Figuring out if the rules even apply can be difficult enough. After that, you must draft other important documents such as a prospectus, registration statement, or a disclosure. These documents are highly important and can have dire effects. An improper registration statement can prevent your company from being able to go public for a certain amount of time. An improper prospectus or disclosure to investors can result in a company being liable for fraud and losing millions of dollars. These documents cannot be taken lightly and need to be drafted by a securities lawyer.
Why Work With Collier Legal, LLC
At Collier Legal, LLC our Columbus securities lawyers know the importance of the work we do. We want to protect you from losing months of time and millions of dollars, and we want you to be able to sell your securities without fear. That's why we work tirelessly to draft documents that comply with the law. We also understand the importance of company deadlines. We do quality work that meets your deadlines so that you look good for choosing our firm. We want your company to continue to grow, not be stifled by the complications of securities law. For more information, or to schedule a consultation today, contact one of our Columbus Securities Lawyers.