NHT, Inc. has been involved in a lengthy lawsuit involving their accounting procedures and whether they misrepresented their earnings in order to increase their stock value. NHT, Inc. has appealed the latest ruling to the US Supreme Court. A writ of certiorari has just been issued by the Supreme Court. What action will now be taken?

Question

Social Studies

Katie Henson

20 March, 20:18

NHT, Inc. has been involved in a lengthy lawsuit involving their accounting procedures and whether they misrepresented their earnings in order to increase their stock value. NHT, Inc. has appealed the latest ruling to the US Supreme Court. A writ of certiorari has just been issued by the Supreme Court. What action will now be taken?

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Answers (2)

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Tyrell Barron · Answer 1

None.

Explanation: No action can be taken against NHT inc yet, as this just means the supreme court will be reviewing this claims further before it can issue a ruling. So it a matter of NHT waiting for the final ruling from the Supreme court to know if their appeal is granted. The supreme court is reviewing their case in this scenario.

Vicente Pacheco · Answer 2

The US Supreme Court will now hear the case.

Explanation:

Did an assignment on this.