West Virginia Selected Consequences of Public Company Status Memorandum

State:
Multi-State
Control #:
US-TC1014
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

As a result of the public offering of securities by the company, the company will be obligated to file various periodic reports with the SEC. This memorandum lists all those reports (10-K, 10-Q, 8-K, etc.), what each report is, and the filing guidelines for each one.

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  • Preview Selected Consequences of Public Company Status Memorandum
  • Preview Selected Consequences of Public Company Status Memorandum
  • Preview Selected Consequences of Public Company Status Memorandum
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FAQ

In May, Morrisey announced that the state had settled with Kroger for $68 million over its role in distributing highly addictive prescription painkillers West Virginia. Kroger was the last remaining defendant in a lawsuit involving Walgreens, Walmart, CVS and Rite Aid.

A court has approved that West Virginia shall receive a total of $300 million in 2023 from settlement funds. That money is split between the West Virginia First Foundation (72.5% of the $300 million), local governments across the state (24.5%) and the state government (3%).

OAKLAND ? California Attorney General Rob Bonta announced four multi-billion opioid settlements with pharmacies CVS and Walgreens and manufacturers Allergan and Teva are moving forward. The settlements are together worth up to $17.3 billion and address the companies' role in the opioid crisis.

On July 21, 2021, a $26 billion offer to settle was made by opioid manufacturer Janssen Pharmaceuticals (parent company of Johnson & Johnson) and the ?big three" distributors, McKesson, AmerisourceBergen, and Cardinal Health (?the Distributors") to resolve their liabilities in over 3,000 opioid crisis-related lawsuits ...

The West Virginia Security for Public Deposits Act covers all public fund deposits of a public depositor held at a Designated State Depository. This includes, but may not be limited to, time deposits, demand deposits, savings deposits, or any other transaction account.

The West Virginia Freedom of Information Act allows for 5 business day for records request responses. Freedom of Information Act W.Va. Code §29B-1-1 et seq. Exempt: Trade secrets; information violating personal privacy; some exam data; some archaeological sites; and law enforcement records for internal use.

West Virginia Attorney General Patrick Morrisey announced a settlement Thursday with the pharmacy chain Rite Aid that could provide up to $30 million dollars for recovery efforts in the state. The lawsuit alleged that Rite Aid contributed to the state's opioid crisis by oversupplying addictive pills.

(a) Every person has a right to inspect or copy any public record of a public body in this state, except as otherwise expressly provided by section four of this article. (b) A request to inspect or copy any public record of a public body shall be made directly to the custodian of such public record.

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West Virginia Selected Consequences of Public Company Status Memorandum