Watchdog Transparency Blog

Watchdog Transparency Blog

In our Blog we take a critical look at public company disclosures and focus on issues surrounding transparency, reliability and accuracy. It you are looking for cheerleading, you have come to the wrong place. We rely on information from the best sources available to gain insight into companies and make predictions about what will happen in the future. Nothing in business is certain, so sometimes we will be wrong, but we will always be an independent voice telling you the truth as we see it. We offer Retail Investors our Research Reports for Free.

Sign up to get all of our blogs delivered directly to your inbox.

Articles

Articles

Featuring a New “SEC Oversight” Flag in our Watchdog Reports

Posted on May 7, 2020

In our last post we compared the relative risks of investing in China and many other countries, including the U.S. We used our Gray Swan Event Factor, which weighs the impact of a host of different kinds of adverse events like restatements, disclosures of material weaknesses, turmoil at the C-suite level, mergers, etc.… We also track these events and flag them in our Watchdog Research reports (which are free to retail investors, reporters, and curious souls).

Posted in Red Flags, featured, China

Is it Safer to Invest in China or the U.S.?

Posted on May 6, 2020

The China based coffee company Luckin disclosed a massive fraud on April 2nd, and only five days later, another China based company TAL Education, announced that one its employees had been arrested for fabricating sales. A decade ago, a wave of Chinese companies were exposed as frauds, which damaged China’s reputation. The confluence of Luckin’s fraud with news that the Chinese lied about coronavirus has damaged China’s reputation once again as many people have come to believe that investing in Chinese companies is too risky.

Posted in gray swan event, Risk, featured

BorgWarner Wants to Dump Delphi. Will Delphi’s Resistance be Futile?

Posted on Apr 8, 2020

With the coronavirus shutting down entire industries and raising the possibility of an extended recession, pending mergers are in peril, and mergers overall will become disfavored as companies lose their appetite for risk.

Posted in Coronavirus, Mergers, featured

Birds of A Feather: How to Tell a “Gray Swan” from a “Black Swan.”

Posted on Apr 1, 2020

The coronavirus has shocked and stress tested institutions all over the world. The emergence of the pandemic, and the global panic it has caused, is a true black swan event.

Posted in featured, coronavirus, black swan event, gray swan event

Under Armour III: Major CFO Change Was a Warning Sign of Litigation

Posted on Mar 25, 2020

CFOs play an outsized role in the financial health of a company. When a CFO leaves abruptly or under bad circumstances, that event can have far reaching implications. Lawrence “Chip” Molloy’s departure from Under Armour was as damaging as it was sudden and mysterious. Within a year after being brought in from as an outsider, he had resigned for “personal reasons.” In his wake there was litigation, an SEC investigation only recently brought to light, and—of course—more litigation.

Posted in featured, Leading Indicators, CFO Change

Under Armour II: CAM Raises the Specter of “Channel Stuffing”

Posted on Mar 17, 2020

In our first piece on Under Armour (UA) we looked at how a dramatic increase in non-audit fees by PriceWaterhouseCoopers (PWC) was a sign of financial problems and a leading indicator of litigation. We also briefly examined UA’s SEC investigation, which was first reported on by the Wall Street Journal. This investigation has remained somewhat mysterious and UA has denied any wrongdoing. Thanks to the newly required disclosures of Critical Audit Matters (CAMs), we are getting some clarity.

Posted in Red Flags, featured, CAMs, Investigations

Under Armour I: Troubling Spike in Non-Audit Fees Went Ignored

Posted on Mar 13, 2020

Under Armour still has not recovered from a serious blow it suffered in early November 2019 when the Wall Street Journal reported that the company had been under investigation by the SEC for its accounting practices. One element of the story that rattled investors was that the investigation had been going on since July of 2017, yet it had not been addressed in a transparent way by management.

Posted in Leading Indicators, Non-Audit Fees, Red Flag, featured
Total articles: 108(page 11 of 16 with 7 articles)
CATEGORIES
CATEGORIES
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Watchdog Transparency Blog

Watchdog Transparency Blog

In our Blog we take a critical look at public company disclosures and focus on issues surrounding transparency, reliability and accuracy. It you are looking for cheerleading, you have come to the wrong place. We rely on information from the best sources available to gain insight into companies and make predictions about what will happen in the future. Nothing in business is certain, so sometimes we will be wrong, but we will always be an independent voice telling you the truth as we see it. We offer Retail Investors our Research Reports for Free.

Sign up to get all of our blogs delivered directly to your inbox.

Articles

Articles

Featuring a New “SEC Oversight” Flag in our Watchdog Reports

Posted on May 7, 2020

In our last post we compared the relative risks of investing in China and many other countries, including the U.S. We used our Gray Swan Event Factor, which weighs the impact of a host of different kinds of adverse events like restatements, disclosures of material weaknesses, turmoil at the C-suite level, mergers, etc.… We also track these events and flag them in our Watchdog Research reports (which are free to retail investors, reporters, and curious souls).

Posted in Red Flags, featured, China

Is it Safer to Invest in China or the U.S.?

Posted on May 6, 2020

The China based coffee company Luckin disclosed a massive fraud on April 2nd, and only five days later, another China based company TAL Education, announced that one its employees had been arrested for fabricating sales. A decade ago, a wave of Chinese companies were exposed as frauds, which damaged China’s reputation. The confluence of Luckin’s fraud with news that the Chinese lied about coronavirus has damaged China’s reputation once again as many people have come to believe that investing in Chinese companies is too risky.

Posted in gray swan event, Risk, featured

BorgWarner Wants to Dump Delphi. Will Delphi’s Resistance be Futile?

Posted on Apr 8, 2020

With the coronavirus shutting down entire industries and raising the possibility of an extended recession, pending mergers are in peril, and mergers overall will become disfavored as companies lose their appetite for risk.

Posted in Coronavirus, Mergers, featured

Birds of A Feather: How to Tell a “Gray Swan” from a “Black Swan.”

Posted on Apr 1, 2020

The coronavirus has shocked and stress tested institutions all over the world. The emergence of the pandemic, and the global panic it has caused, is a true black swan event.

Posted in featured, coronavirus, black swan event, gray swan event

Under Armour III: Major CFO Change Was a Warning Sign of Litigation

Posted on Mar 25, 2020

CFOs play an outsized role in the financial health of a company. When a CFO leaves abruptly or under bad circumstances, that event can have far reaching implications. Lawrence “Chip” Molloy’s departure from Under Armour was as damaging as it was sudden and mysterious. Within a year after being brought in from as an outsider, he had resigned for “personal reasons.” In his wake there was litigation, an SEC investigation only recently brought to light, and—of course—more litigation.

Posted in featured, Leading Indicators, CFO Change

Under Armour II: CAM Raises the Specter of “Channel Stuffing”

Posted on Mar 17, 2020

In our first piece on Under Armour (UA) we looked at how a dramatic increase in non-audit fees by PriceWaterhouseCoopers (PWC) was a sign of financial problems and a leading indicator of litigation. We also briefly examined UA’s SEC investigation, which was first reported on by the Wall Street Journal. This investigation has remained somewhat mysterious and UA has denied any wrongdoing. Thanks to the newly required disclosures of Critical Audit Matters (CAMs), we are getting some clarity.

Posted in Red Flags, featured, CAMs, Investigations

Under Armour I: Troubling Spike in Non-Audit Fees Went Ignored

Posted on Mar 13, 2020

Under Armour still has not recovered from a serious blow it suffered in early November 2019 when the Wall Street Journal reported that the company had been under investigation by the SEC for its accounting practices. One element of the story that rattled investors was that the investigation had been going on since July of 2017, yet it had not been addressed in a transparent way by management.

Posted in Leading Indicators, Non-Audit Fees, Red Flag, featured
Total articles: 108(page 11 of 16 with 7 articles)
CATEGORIES
CATEGORIES
ARCHIVES
ARCHIVES
Watchdog Transparency Blog

Watchdog Transparency Blog

In our Blog we take a critical look at public company disclosures and focus on issues surrounding transparency, reliability and accuracy. It you are looking for cheerleading, you have come to the wrong place. We rely on information from the best sources available to gain insight into companies and make predictions about what will happen in the future. Nothing in business is certain, so sometimes we will be wrong, but we will always be an independent voice telling you the truth as we see it. We offer Retail Investors our Research Reports for Free.

Sign up to get all of our blogs delivered directly to your inbox.

Articles

Articles

Featuring a New “SEC Oversight” Flag in our Watchdog Reports

Posted on May 7, 2020

In our last post we compared the relative risks of investing in China and many other countries, including the U.S. We used our Gray Swan Event Factor, which weighs the impact of a host of different kinds of adverse events like restatements, disclosures of material weaknesses, turmoil at the C-suite level, mergers, etc.… We also track these events and flag them in our Watchdog Research reports (which are free to retail investors, reporters, and curious souls).

Posted in Red Flags, featured, China

Is it Safer to Invest in China or the U.S.?

Posted on May 6, 2020

The China based coffee company Luckin disclosed a massive fraud on April 2nd, and only five days later, another China based company TAL Education, announced that one its employees had been arrested for fabricating sales. A decade ago, a wave of Chinese companies were exposed as frauds, which damaged China’s reputation. The confluence of Luckin’s fraud with news that the Chinese lied about coronavirus has damaged China’s reputation once again as many people have come to believe that investing in Chinese companies is too risky.

Posted in gray swan event, Risk, featured

BorgWarner Wants to Dump Delphi. Will Delphi’s Resistance be Futile?

Posted on Apr 8, 2020

With the coronavirus shutting down entire industries and raising the possibility of an extended recession, pending mergers are in peril, and mergers overall will become disfavored as companies lose their appetite for risk.

Posted in Coronavirus, Mergers, featured

Birds of A Feather: How to Tell a “Gray Swan” from a “Black Swan.”

Posted on Apr 1, 2020

The coronavirus has shocked and stress tested institutions all over the world. The emergence of the pandemic, and the global panic it has caused, is a true black swan event.

Posted in featured, coronavirus, black swan event, gray swan event

Under Armour III: Major CFO Change Was a Warning Sign of Litigation

Posted on Mar 25, 2020

CFOs play an outsized role in the financial health of a company. When a CFO leaves abruptly or under bad circumstances, that event can have far reaching implications. Lawrence “Chip” Molloy’s departure from Under Armour was as damaging as it was sudden and mysterious. Within a year after being brought in from as an outsider, he had resigned for “personal reasons.” In his wake there was litigation, an SEC investigation only recently brought to light, and—of course—more litigation.

Posted in featured, Leading Indicators, CFO Change

Under Armour II: CAM Raises the Specter of “Channel Stuffing”

Posted on Mar 17, 2020

In our first piece on Under Armour (UA) we looked at how a dramatic increase in non-audit fees by PriceWaterhouseCoopers (PWC) was a sign of financial problems and a leading indicator of litigation. We also briefly examined UA’s SEC investigation, which was first reported on by the Wall Street Journal. This investigation has remained somewhat mysterious and UA has denied any wrongdoing. Thanks to the newly required disclosures of Critical Audit Matters (CAMs), we are getting some clarity.

Posted in Red Flags, featured, CAMs, Investigations

Under Armour I: Troubling Spike in Non-Audit Fees Went Ignored

Posted on Mar 13, 2020

Under Armour still has not recovered from a serious blow it suffered in early November 2019 when the Wall Street Journal reported that the company had been under investigation by the SEC for its accounting practices. One element of the story that rattled investors was that the investigation had been going on since July of 2017, yet it had not been addressed in a transparent way by management.

Posted in Leading Indicators, Non-Audit Fees, Red Flag, featured
Total articles: 108(page 11 of 16 with 7 articles)
CATEGORIES
CATEGORIES
ARCHIVES
ARCHIVES
Watchdog Transparency Blog

Watchdog Transparency Blog

In our Blog we take a critical look at public company disclosures and focus on issues surrounding transparency, reliability and accuracy. It you are looking for cheerleading, you have come to the wrong place. We rely on information from the best sources available to gain insight into companies and make predictions about what will happen in the future. Nothing in business is certain, so sometimes we will be wrong, but we will always be an independent voice telling you the truth as we see it. We offer Retail Investors our Research Reports for Free.

Sign up to get all of our blogs delivered directly to your inbox.

Articles

Articles

Featuring a New “SEC Oversight” Flag in our Watchdog Reports

Posted on May 7, 2020

In our last post we compared the relative risks of investing in China and many other countries, including the U.S. We used our Gray Swan Event Factor, which weighs the impact of a host of different kinds of adverse events like restatements, disclosures of material weaknesses, turmoil at the C-suite level, mergers, etc.… We also track these events and flag them in our Watchdog Research reports (which are free to retail investors, reporters, and curious souls).

Posted in Red Flags, featured, China

Is it Safer to Invest in China or the U.S.?

Posted on May 6, 2020

The China based coffee company Luckin disclosed a massive fraud on April 2nd, and only five days later, another China based company TAL Education, announced that one its employees had been arrested for fabricating sales. A decade ago, a wave of Chinese companies were exposed as frauds, which damaged China’s reputation. The confluence of Luckin’s fraud with news that the Chinese lied about coronavirus has damaged China’s reputation once again as many people have come to believe that investing in Chinese companies is too risky.

Posted in gray swan event, Risk, featured

BorgWarner Wants to Dump Delphi. Will Delphi’s Resistance be Futile?

Posted on Apr 8, 2020

With the coronavirus shutting down entire industries and raising the possibility of an extended recession, pending mergers are in peril, and mergers overall will become disfavored as companies lose their appetite for risk.

Posted in Coronavirus, Mergers, featured

Birds of A Feather: How to Tell a “Gray Swan” from a “Black Swan.”

Posted on Apr 1, 2020

The coronavirus has shocked and stress tested institutions all over the world. The emergence of the pandemic, and the global panic it has caused, is a true black swan event.

Posted in featured, coronavirus, black swan event, gray swan event

Under Armour III: Major CFO Change Was a Warning Sign of Litigation

Posted on Mar 25, 2020

CFOs play an outsized role in the financial health of a company. When a CFO leaves abruptly or under bad circumstances, that event can have far reaching implications. Lawrence “Chip” Molloy’s departure from Under Armour was as damaging as it was sudden and mysterious. Within a year after being brought in from as an outsider, he had resigned for “personal reasons.” In his wake there was litigation, an SEC investigation only recently brought to light, and—of course—more litigation.

Posted in featured, Leading Indicators, CFO Change

Under Armour II: CAM Raises the Specter of “Channel Stuffing”

Posted on Mar 17, 2020

In our first piece on Under Armour (UA) we looked at how a dramatic increase in non-audit fees by PriceWaterhouseCoopers (PWC) was a sign of financial problems and a leading indicator of litigation. We also briefly examined UA’s SEC investigation, which was first reported on by the Wall Street Journal. This investigation has remained somewhat mysterious and UA has denied any wrongdoing. Thanks to the newly required disclosures of Critical Audit Matters (CAMs), we are getting some clarity.

Posted in Red Flags, featured, CAMs, Investigations

Under Armour I: Troubling Spike in Non-Audit Fees Went Ignored

Posted on Mar 13, 2020

Under Armour still has not recovered from a serious blow it suffered in early November 2019 when the Wall Street Journal reported that the company had been under investigation by the SEC for its accounting practices. One element of the story that rattled investors was that the investigation had been going on since July of 2017, yet it had not been addressed in a transparent way by management.

Posted in Leading Indicators, Non-Audit Fees, Red Flag, featured
Total articles: 108(page 11 of 16 with 7 articles)
CATEGORIES
CATEGORIES
ARCHIVES
ARCHIVES

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Watchdog Transparency is a publication based on reports created by Watchdog Research, Inc.
Watchdog Research, Inc. is a financial research company providing due diligence information on public companies.

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