Example Definitions of "Restatement"
Restatement. Restatement means an accounting restatement of any of the Company's financial statements filed with the SEC under the Exchange Act or the Securities Act of 1933, as amended, due to the Company's material noncompliance with any financial reporting requirement under U.S. securities laws, regardless of whether Company or Covered Person misconduct was the cause for such restatement. Restatement includes any required accounting restatement to correct an error in previously issued financial... statements that is material to the previously issued financial statements (commonly referred to as Big R restatements), or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period (commonly referred to as little r restatements). View More
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