The other issues concerning the embezzlement and the patent issues
have been taken care of, and I do not think they will be an issue with
the business going public. Let's face it, how many private companies
face these issues before going public? However, the sexual
discrimination lawsuit will cause a problem. While I think Fred will
win the case based on the hired and the most qualified candidate, it
would be best that he wait until the litigation is over to go public.
Ongoing litigation has dramatically decreased the money raised in
IPOs. An article in Inc. by Jeremy Quittner (2014) states that
companies may have lost up to $109million between 2004 and 2012
due to ongoing litigation at the IPO.
Quittner, J. (2014, July 7). How a lawsuit can ruin your chances of
going public. Inc.com. Retrieved April 7, 2022,
from https://www.inc.com/jeremy-quittner/lawsuits-can-sink-an-
ipo.html
