Journalists are misled and deceived in a host of ways: outright lying, incomplete or misleading statements and plain old-fashioned spin. But nothing out there compares to the efforts of capital markets issuers – the companies that issue shares and debt on public exchanges – to portray their operations as profitable, robust and growing when they are often anything but.
The financial statements and footnotes of capital markets issuers contain massive amounts of information and misinformation that executives (to say nothing of the legions of flaks and lawyers that prepare them) pray reporters never look at or question them on.
Roddy Boyd (“The Sleuth”) and Sam Antar (“The Crook”) are going to take an afternoon to show you how securities fraud is done and how to unearth reams of libel-proof data and facts from corporate financial filings. Our goal is to pierce the very expensive veil companies erect so that your reporting is never again dependent upon Wall Street hacks and corporate hacks.
WHAT YOU WILL LEARN
Attendees will leave with fundamental methods for inspecting public filings for corporate fraud. The information gained in this session will allow reporters to spot red flags in corporate disclosures and understand when to pursue a potential fraud investigation.
IS THIS WORKSHOP FOR YOU?
Business, finance, investigative and general assignment reporters will benefit from this training.
Roddy Boyd is an investigative reporter and founder of the Southern Investigative Reporting Foundation, a non-profit organization dedicated to providing document-driven investigative reporting on publicly traded companies.
In 2012, The Huffington Post named one of the 25 most feared financial reporters in America. His book about the near collapse of AIG, “Fatal Risk: A Cautionary Tale of AIG’s Corporate Suicide,” was long listed for 2011’s Financial Times and Goldman Sachs Business Book of the Year. A former staffer at Fortune, the New York Post, The New York Sun and Institutional Investor News, Boyd also edited The Financial Investigator blog.
Convicted felon Sam E. Antar is a former CPA and CFO of Crazy Eddie, Inc. During the 1980s, according to his website WhiteCollarFraud.com, he helped execute with the co-founders of Crazy Eddie, Inc., his cousin Eddie Antar and uncle Sam M. Antar, “one of the largest securities frauds of its time.” Their actions cost investors hundreds of millions of dollars, and many people their life savings and jobs. Sam E. Antar served as the government’s key witness in both criminal and civil prosecutions.
Though he has since apologized to fraud victims, investigators and the general public, Antar has taken corrective action by advising and training law enforcement agencies about white-collar crime and how to identify those criminals. He performs forensic accounting and litigation support services for law firms and other clients. Antar, who has also acted as an independent whistleblower, teaches for professional organizations, business and universities.
ABOUT THE PROGRAM
Please do not register unless you are sincere about participating. Signing up and not participating deprives someone else of the opportunity.
Those who successfully complete three regional workshops or online seminars presented by the Reynolds Center are eligible to receive a “Circle of Achievement” certificate.
This free workshop is sponsored by the Donald W. Reynolds National Center for Business Journalism.