IF ANYONE from the Financial Services Board (FSB) or the board of furniture retailer Lewis happens on this item, it is important for them to know it is intended as comment or opinion and is not intended to mislead.Odd, yes, but in future, it may be necessary for journalists or analysts to mention this when writing about companies.No doubt the FSB will clarify why it broke with practice and initiated an investigation into "misleading or false" reporting on Lewis by shareholder activist Dave Woollam, a third party. These investigations were generally thought to be designed to ensure officers and agents of a company do not release doubtful information in a bid to influence a share price.Lewis’s latest complaint against Woollam appears to relate to comments he made in two reports he released after a detailed investigation into Lewis’s sales practices and accounting policies. These highlighted many weaknesses, Lewis’s accounting treatment of extended warranties and credit life insurance ...
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