SEC v. Universal Express, Inc.: An Event Study of News Releases and Information Asymmetry

This article examines a single firm’s stock trading volume and the effects of multiple, positive informational news releases. Despite positive news releases, the firm’s stock price declined. The firm claimed that their declining stock price was due to naked shorting, an illegal form of stock price manipulation. The Securities and Exchange Commission (SEC) issued a litigation release on March 24, 2004, addressed this complaint, found no evidence to support the firm’s naked shorting claims, but, instead, alleged that the firm sold additional shares, fraudulently.The SEC also provided insights into additional matters involving hidden or private information and misleading, public information disseminated by the firm. Investigative- and forensicbased findings are consistent with the event-based allegations made by the SEC in their litigation release

Nontaxable, Like-Kind Exchanges Under Internal Revenue Code Section 1031

This book takes the form of 3 courses, at Introductory, Intermediate and Advanced levels. Each course or level contains 6 sections and each section contains 17 to 21 questions, with the correct answer in bold type, to reinforce the learning. IRS or Treasury Department guidance and professional journal articles become available, every few years, but the basic concepts and mechanics for a successful IRC §1031 exchange are not likely to change. Therefore, by retaining this material and adding articles as they become available via Internet or library searches, you should be able to maintain a high level of expertise in this area of tax law.https://digitalcommons.wcupa.edu/cbpafaculty_books/1004/thumbnail.jp

Introduction to Financial Accounting (2nd Edition)

Introduction to Financial Accounting covers all material covered and tested in an undergraduate degree level course required for all business majors. This text should have a shelf-life of 20-years, if past experience is any indicator.https://digitalcommons.wcupa.edu/acc_texts/1002/thumbnail.jp

Introductory Financial Accounting

Work on this open-access Introductory Financial Accounting text began in early 2014. The completion of this text was made possible through a spring 2015 sabbatical from West Chester University. This is a first edition. Email Professor Cataldo at [email protected] if you would like to contribute time to this effort, and help correct typos and make improvements to later editions of this text.https://digitalcommons.wcupa.edu/acc_texts/1000/thumbnail.jp

Managerial Accounting (2nd edition)

This text covers the material required in an introductory managerial accounting course and compliments my text on introductory financial accounting. Both are texts and courses required for all business degree undergraduates. My objective is to make this material available to students at a very low cost. I have used variable costing and other techniques included in this text in business litigation engagements involving GM, Ford, Chrysler, Toyota, Nissan and other automobile manufacturers, testifying in Nevada, California, Texas, and Arizona.https://digitalcommons.wcupa.edu/acc_texts/1003/thumbnail.jp

Principles of Microeconomics

This text covers the material required in an Introductory Microeconomics or Principles of Microeconomics course. This text coverage and course coverage is required for all business degree undergraduates. I would expect this text to have a 20-year shelf life.https://digitalcommons.wcupa.edu/acc_texts/1004/thumbnail.jp