PZENA INVESTMENT MANAGEMENT, INC. (NYSE:PZN) Files An 8-K Changes in Registrant’s Certifying Accountant
ITEM 4.01
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Changes in Registrant’s Certifying Accountant.
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PricewaterhouseCoopers LLP as the Companys independent registered
public accounting firm for the fiscal year ending December 31,
2017. In connection with the selection of PricewaterhouseCoopers
LLP on March 10, 2017, the Audit Committee decided not to renew the
engagement of KPMG LLP as the Companys independent registered
public accounting firm.
period from January 1, 2017 to March 10, 2017, neither the Company
nor anyone on its behalf has consulted with PricewaterhouseCoopers
LLP with respect to either (i) the application of accounting
principles to a specified transaction, either completed or
proposed, or the type of audit opinion that might be rendered on
the Companys consolidated financial statements, and neither a
written report nor oral advice was provided to the Company that
PricewaterhouseCoopers LLP concluded was an important factor
considered by the Company in reaching a decision as to any
accounting, auditing or financial reporting issue; or (ii) any
matter that was either the subject of a disagreement (as defined in
Item 304(a)(1)(iv) of Regulation S-K and the related instructions
to Item 304 of Regulation S-K) or a reportable event (as defined in
Item 304(a)(1)(v) of Regulation S-K).
statements for the years ended December 31, 2016 and 2015 did not
contain an adverse opinion or a disclaimer of an opinion, and were
not qualified or modified as to uncertainty, audit scope or
accounting principles.
period from January 1, 2017 to March 10, 2017, there were no
disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K
and the related instructions to Item 304 of Regulation S-K) with
KPMG LLP on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure,
which disagreements, if not resolved to the satisfaction of KPMG
LLP, would have caused KPMG LLP to make reference to the subject
matter of the disagreements in its reports on the consolidated
financial statements for such years.
period from January 1, 2017 to March 10, 2017, there were no
reportable events (as defined in Item 304(a)(1)(v) of Regulation
S-K).
disclosures, and has requested that KPMG LLP furnish the Company
with a letter addressed to the Securities and Exchange Commission
stating whether or not it agrees with the statements made above. A
copy of KPMG LLPs letter dated March 13, 2017 is attached as
Exhibit 16.1 to this Form 8-K.
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ITEM 9.01
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FINANCIAL STATEMENTS AND EXHIBITS.
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Exhibit Number
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Description
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16.1
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Letter of KPMG LLP addressed to the Securities and
Exchange Commission |
About PZENA INVESTMENT MANAGEMENT, INC. (NYSE:PZN)
Pzena Investment Management, Inc. is an investment management firm. The Company manages assets across a range of market capitalizations in both the United States and non-United States capital markets. The Company manages separate accounts on behalf of institutions, acts as sub-investment adviser for a range of Securities and Exchange Commission (SEC)-registered mutual funds and non-United States funds, and acts as investment adviser for the Pzena Mutual Funds, certain private placement funds and non-United States funds. The Company is the sole managing member of its operating company, Pzena Investment Management, LLC. The Company offers institutional investment products to public and corporate pension funds, endowments, foundations and Taft-Hartley plans. It also offers access to certain of its Global and non-United States strategies through private placement vehicles and collective investment trusts. In addition, the Company sub-advises over 17 non-United States funds. PZENA INVESTMENT MANAGEMENT, INC. (NYSE:PZN) Recent Trading Information
PZENA INVESTMENT MANAGEMENT, INC. (NYSE:PZN) closed its last trading session up +0.06 at 9.54 with 40,180 shares trading hands.