From NAPFA's perspective, there are two problems with these fees: undermined objectivity and inadequate disclosure.

Mr. Gladwell calls them examples of Enron's "recklessness and incompetence," but not an example of inadequate disclosure.

If Judge Rosenthal finds that Nabors made inadequate or misleading disclosures, he could delay the move temporarily and order additional hearings.

That exit numbers like these have shocked many shareholders proves how much inadequate disclosure has kept executive pay hidden from view.

Since then, criticisms have focused on arguments of historical revisionism, homophobia, racism, sexist policies, and inadequate financial disclosure.

They strongly objected to underwriters' contentions that they were not responsible for inadequate disclosures in the official statements for the bonds.

Florida investigators say the product was sold as an investment and retirement plan, with inadequate disclosure about the penalties that buyers would face if they stopped making premium payments.

He added that "transparency is needed" on perks and retirement benefits because inadequate disclosure also makes them prone to abuse.

In 2002, several hotel chains settled a class-action lawsuit over inadequate disclosure of energy surcharges and agreed to issue discount coupons to anyone who had paid them.

The S.E.C. is examining the company's books for inadequate disclosures or fraudulent statements about its financial strength.