BLM partner Stuart Evans talk Ted Baker stock overstatement with

BLM commercial litigation partner Stuart Evans talks to about Ted Baker stock overstatement:

“Slip-ups on stock valuation can occur – though not often on this scale,” Evans said. “Retailers may have raw material or works in progress that aren’t yet finished, or it may have old stock that hasn’t been written down. This can lead to mix-ups in the valuation, where retail price is applied rather than the base cost of the item.”

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to clients of BLM. Specialist legal advice should always be sought in any particular case.