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Whistle-Blower Wins Key SOX Ruling

With the fast-approaching mid-March deadline for new SEC filings looming, public company executives will soon be personally signing off on their financials, many for the first time.

> > In the first test of the whistle-blowing provisions of the new law, Administrative Law Judge Stephen Purcell has ordered Cardinal Bankshares Inc. to reinstate its former chief financial officer, David Welch, and pay him nearly $65,000 in back pay and damages.
Source: AICPA


Published:2005-03-07
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Capital Markets Report Urges 404 Fixes
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Wal-Mart Whistleblower Drops Lawsuit
Former executive still has a whistleblower case pending before the Labor Department.

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