Read Case Study 3 in the Final Project Guidelines and Rubricdocument, and discuss the current or potential legal and/orregulatory issues apparent in this fact pattern that might impact apublic offering. Actively engaging with your peers and instructorwill help you complete the remaining critical elements for the fullcase study, due in Module Seven.

Case Study 3 Both Fred’s family and the business have reboundedfrom their prior issues. Jane sought counseling for her gamblingissues and has worked hard to mend her relationships with thefamily. Prior to cashing the forged checks from Jane, Don wasstruck by lightning and experienced a spiritual enlightenment. Hewillingly returned the checks to Fred and Sally and promptly joinedthe Peace Corps. Likewise, when the church found out the donatedcheck was a forgery, it was immediately returned. Bob’s wife (alsoSally’s best friend) found out about Bob’s online sabotage andpromptly remedied the situation. Once Fred’s Miracle Cough Syrupwas back on track, the company’s growth was exponential. Featuredon a widely viewed talk show starring a prominent doctor, onlineorders and demands from big-box chains nationwide skyrocketed. Fredand Sally have been told that now would be an ideal time to takeFred’s Miracle Cough Syrup public. The only distressing issue athand involves Tammy, a local girl who had been working as adelivery girl for the company. She applied for Jane’s former job asbookkeeper. Fred and Sally hired Ted, an experienced accountant,instead, and Tammy has filed a claim of sex discrimination againstthe company and Fred personally. Fred and Sally are seeking youradvice regarding Tammy and the possibility of taking the companypublic. Complete a legal analysis of the given facts, including thefollowing elements. Specifically, the following critical elementsmust be addressed: I. Evaluate three current or potential legaland/or regulatory issues apparent in this fact pattern that mightimpact a public offering. II. Determine whether Fred's MiracleCough Syrup is in compliance with government regulations involvingpublic offerings by analyzing relevant laws and using theappropriate legal test and facts given. III. Support yourconclusions and provide recommendations to improve compliance andstrategies for corporate growth.