(SOLVED) Atlantic Cement operated a large cement plant

Neighboring lando
Atlantic Cement operated a large cement plant. Neighboring landowners sued for damages and
an injunction, claiming that their properties were injured by the dirt, smoke, and vibrations
coming from the plant. The lower court found that the plant constituted a nuisance and granted
temporary damages but refused to grant an […]

On February 1, the Gazette Corporation hired Susan Sharp to conduct an audit of its books and
to prepare financial statements for the corporation’s annual meeting on July 1. Sharp made
every reasonable attempt to comply with the deadline but could not finish the report on time due
to delays […]

J, B & J, Certified Public Accountants, has audited the High credit Corporation for the past five
years. Recently, the Securities and Exchange Commission (SEC) has commenced an
investigation of High credit for possible violations of Federal securities law. The SEC has
subpoenaed all of J, B & J’s working […]

Girard & Company, Certified Public Accountants, audited the financial statements included in
the annual report submitted by PMG Enterprises, Inc., to the Securities and Exchange
Commission (SEC). The audit failed to detect numerous false and misleading statements
contained in the financial statements. (a) Investors who subsequently purchased PMG stock
have […]

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Venable Corporation has 750,000 shares of common stock outstanding, which are owned by
640 shareholders. The assets of Venable Corporation are valued at more than $10 million. In
March, Underhill began purchasing shares of Venable’s common stock in the open market. By
April, he had acquired 40,000 shares at prices […]

Tanaka, a director and officer of Deep Hole Oil Company, telephoned Romani for the purpose
of buying two hundred shares of Deep Hole Company stock owned by Romani. During the
period of negotiations, Tanaka concealed his identity and did not disclose the fact that earlier in
the day he had […]

Capricorn, Inc., is planning to ‘‘go public’’ by offering its common stock, which previously had
been owned by only three shareholders. The company intends to limit the number of purchasers
to twenty-five persons resident in the State of its incorporation. All of Capricorn’s business and
all of its assets are […]

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