Instructively, Deep Quarry’s post: “SEC comments on non-GAAP metrics - are litigation-related adjustments misleading?” presents the results of its review of SEC comments issued to 16 companies between January 2023 and February 2024 regarding their litigation-related non-GAAP adjustments vis-à-vis Non-GAAP Financial Measures C&DI 100.01, which provides guidance on potentially misleading non-GAAP adjustments. The post summarizes commonalities among the filings, examples of non-routine non-GAAP litigation-related adjustments reflected in the filings reviewed, and the ultimate disposition of select comment letter exchanges.