Document Type

Article

Publication Date

1948

Abstract

This is a report on the results of our investigation, pursuant to the authority conferred upon us by Section 8 (e) of the Securities Act of 1933, to determine whether or not a registration statement filed with the Commission under that Act by Drayer-Hanson, Incorporated, In respect of a proposed public offering of 80,529 shares of its Class A stock, contained untrue statements of material facts or omitted to state material facts necessary to make the facts disclosed in the registration statement not misleading. As we will indicate more fully later, our investigation disclosed that the registration statement, when it became effective on December 11, 1946, did contain such misstatements and omissions.

Relational Format

article

Series Title

Accounting Series Release No. 064;Securities Act of 1933 Release No. 3277

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