Peace Corps.

Both Fred’s family and the business have rebounded from their prior issues. Jane sought counseling for her
gambling issues and has worked hard to mend her
relationships with the family. Prior to cashing the forged checks from Jane, Don was struck by lightning and
experienced a spiritual enlightenment. He willingly returned the checks to Fred and Sally and promptly joined
the Peace Corps. Likewise, when the church found out the donated check was a forgery, it was
immediately returned. Bob’s wife (also Sally’s best friend) found out about Bob’s online sabotage and promptly
remedied the situation. Once Fred’s Miracle
Cough Syrup was back on track, the company’s growth was exponential. Featured on a widely viewed talk
show starring a prominent doctor, online orders and
demands from big-box chains nationwide skyrocketed. Fred and Sally have been told that now would be an
ideal time to take Fred’s Miracle Cough Syrup public.
The only distressing issue at hand involves Tammy, a local girl who had been working as a delivery girl for the
company. She applied for Jane’s former job as
bookkeeper. Fred and Sally hired Ted, an experienced accountant, instead, and Tammy has filed a claim of sex
discrimination against the company and Fred
personally. Fred and Sally are seeking your advice regarding Tammy and the possibility of taking the company
Complete a legal analysis of the given facts, including the following elements.
Specifically, the following critical elements must be addressed:
I. Evaluate three current or potential legal and/or regulatory issues apparent in this fact pattern that might
impact a public offering.
II. Determine whether Fred’s Miracle Cough Syrup is in compliance with government regulations involving
public offerings by analyzing relevant laws and
using the appropriate legal test and facts given.
III. Support your conclusions and provide recommendations to improve compliance and strategies for corporate

Sample Solution