Corporate Compliance Partners Corporate Compliance Partners
 Sarbanes-Oxley News & Developments
Sarbanes-Oxley Bill We Can Help You The Compliance Network About Us

Sarbanes-Oxley News & Developments

Judge Rules Sarbox 304 Reserved for SEC

Congress never granted individual shareholders the right to sue corporate executives under Section 304 of the Sarbanes-Oxley Act, says a federal judge.

> > A federal judge ruled that shareholders cannot file derivative lawsuits under Section 304 of the Sarbanes-Oxley Act, according to Law.com. Section 304 of Sarbox allows for the disgorgement of profits and bonuses from top corporate executives in alleged accounting scandals.
Source: CFO


Published:2005-09-30
Subscribe to the CCP Report, our free weekly newsletter about SOX! Your Email Address:

 More Resources

More News

The View from the Other Side
Can IT live up to the expectations for governance, compliance, and revenue generation of a CFO?

Capital Markets Report Urges 404 Fixes
A panel says changes in the way Sarbanes-Oxley has been applied will improve the competitiveness of the U.S. capital markets.

Wal-Mart Whistleblower Drops Lawsuit
Former executive still has a whistleblower case pending before the Labor Department.

All News

Sarbanes-Oxley Act SEC Rules Exchange Rules



The View from the Other Side
Can IT live up to the expectations for governance, compliance, and revenue generation of a CFO?


Sarbanes-Oxley Bill | Are You Compliant? | We Can Help You | About Us
Home | Site Map | Contact Us | Privacy Policy

For more information, please contact us at ccp@answernet.com
AnswerNet © - All rights reserved.