John White Speaks at Financial Executives International’s “Planning and Leading Through the COVID‑19 Crisis” Webinar
March 30, 2020
On March 26, 2020, Cravath partner John W. White spoke at the “Planning and Leading Through the COVID‑19 Crisis” webinar, which was hosted by Financial Executives International. The webinar reviewed corporations’ responses to the COVID‑19 pandemic, including in relation to staff safety and firm financial liability. John discussed how COVID‑19 may impact public company disclosures and upcoming shareholder meetings, as well as highlighting related accounting and auditing issues and contract matters, including force majeure and material adverse effect clauses.
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J.D., 1973, New York University School of LawOrder of the Coif, cum laude
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B.S., 1970, University of Virginiawith Honors
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Deals & Cases
Akorn Reaches Settlement with the SEC Following Investigation into Accounting Restatements
On March 26, 2018, Cravath client Akorn, Inc. (“Akorn”), a U.S.-based manufacturer and marketer of prescription and over-the-counter pharmaceutical products, reached a settlement in a civil action brought by the Securities and Exchange Commission (“SEC”) in the United States District Court for the Northern District of Illinois. The complaint alleged financial reporting, books and records, and internal accounting controls violations in connection with Akorn’s accounting restatements for the fiscal year 2014. Akorn cooperated with the SEC and, pursuant to the settlement, did not admit or deny the SEC's allegations or pay any financial sanction.
