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"Deloitte becoming PRED's auditor occurred after many months

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inzane   Tuesday, 10/08/19 11:34:26 PM
Re: None
Post # of 19340 
"Deloitte becoming PRED's auditor occurred after many months of due-diligence, including reviewing SEC filings, PRED's financial statements and accounting practices, operations, and conducting a lengthy and detailed review of the false claims within Hindenburg. No global accounting firm would become PRED's auditor if the allegations [...] against PRED were true, e.g., misleading, or inaccurate statements, including false SEC filings, insider trading and self-dealing, and other [bearish sentiments] had been even partly accurate.

Deloitte does not become the auditor for bad actors because of the obvious legal and financial liabilities.

Click to Deloitte's Audit Committee Resource Guide to understand compliance requirements that had to be in place for Deloitte to become PRED's auditor." - Thomas

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