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Due Diligence Meeting
(redirected from Due Diligence Meetings)

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Due diligence meeting
Meeting legally required to be held by an underwriter to enable brokers to question a new issuer about an upcoming issue.

Due Diligence Meeting
An internal meeting held after the registration of a new securitywith the SEC but before the registration's effective date. Under the Securities Act of 1933, all accountants, counsel, underwriters, and managerscan be held civilly liable for knowingly making false or misleading statements in the registration documents. In order to shield themselves from liability, representatives of the registrant conduct a meeting before the registration becomes effective to discuss and if necessary remedy any issues that may have arisen. This is considered a necessary part of due diligence prior to the issuance of a new security.


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He added, "Over the balance of 2008, we will be holding a series of due diligence meetings, seminars and other similar events for investors and financial consultants focusing on the future of Zaldiva.
UK insurer Resolution said yesterday it had held due diligence meetings with rivals Standard Life and Pearl, but said it had held no talks on proposals and had received no firm offers from the suitors.
They then conduct qualitative analysis where they perform scheduled, on-site due diligence meetings and investment committee discussions.
 
 
 
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