• The Sarbanes-Oxley Act Creates Litigation Risks for Private and Public Companies
  • July 16, 2003 | Author: Robert C. Webb
  • Law Firm: Frost Brown Todd LLC - Louisville Office
  • Congress enacted the Sarbanes-Oxley Act of 2002 to create financial transparency for public companies to boost investor confidence in our capital markets. Congress created new laws that require public companies to implement systems and procedures requiring more accountability by upper-level management and the board of directors. The following list provides a quick hit list of many issues lawyers should understand in defending public companies.