Sarbanes Oxley News

Symmetry Medical, execs settle SEC fraud charges
* Ex-CEO, CFO give back some bonuses under Sarbanes-Oxley * SEC alleges "pervasive" accounting fraud bolstered profit * Ex-CEO, CFO did not know of fraud Jan 30 (Reuters) - Symmetry Medical Inc ...
New Markets Movement Takes Aim at Sarbanes-Oxley
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. By Tom Taulli, InvestorPlace Writer NEW YORK (InvestorPlace) -- Back in the 1990s, it seemed that just about any company could go public as long as it had a ".com" at the end of its name. But by 2001, that bubble had ...
SEC Charges Former Executives and Accountants With Fraud at British Subsidiary of Medical Devices Company
SEC Obtains Settlements With CEO and CFO to Clawback Bonuses Under Sarbanes-Oxley Section 304Washing...
Former HealthSouth CEO, Richard Scrushy, Gets Prison Sentenced Reduced
HealthSouth's former CEO Richard Scrushy was the first executive to be tried under the Sarbanes-Oxley Act for cooking the books, altering financial returns, at the company he founded.  On June 28, 2005 a jury in an Alabama courtroom spoke loud and clear.... NOT GUILTY. It was a major setback for the federal government's initiative to bring executives to justice and Scrushy looked like he dodged ...
Off the Market
The 10th anniversary of Sarbanes-Oxley is coming up, but Charles Crumpley is in no mood to celebrate.
Mutual Fund Workers Denied Whistleblower Cover
A U.S. law protecting whistleblowers at publicly traded companies does not cover employees of mutual funds, a federal appeals court ruled on Friday in a case involving two former Fidelity Investments employees.
KPMG No Longer Loaning Tax Staff To GE
? KPMG will no longer loan tax professionals to GE during busy season, according to a source close to the situation. KPMG was??billing an extra $8-10 million, over and above the audit each year, for the service. It looks like a regulator got to both KPMG and GE, but quietly. I doubt we?ll ever see ...
BNA Books Announces the Publication of the 2011 Cumulative Supplement to "Whistleblowing: The Law of Retaliatory ...
ARLINGTON, Va., Jan. 10, 2012 /PRNewswire-USNewswire/ -- BNA Books, a division of specialized news and information publisher BNA, today announces the publication of the 2011 Cumulative Supplement to Whistleblowing: The Law of Retaliatory Discharge, Second Edition, providing updated discussion of the Sarbanes-Oxley Act, the Dodd-Frank Act, and related cases and federal and state laws.
SEC Appoints GAO's Jeanette Franzel to PCAOB
The Securities and Exchange Commission has named Jeanette M. Franzel, a managing director of the Government Accountability Office, as a member of the Public Company Accounting Oversight Board.
Obama Seeks 'On-Ramp' for More Startups to Go Public
The White House called for making it easier for small companies to raise money by selling shares to the public as part of a package of proposals intended to aid small businesses. For some small companies going public, the change would delay some requirements of Sarbanes-Oxley that have to do with internal controls. "We define a new kind of company that we call an emerging growth company," says ...