“Sarbanes-Oxley” and “public company” are so often spoken in the same breath that one can easily forget the implications of the new statute for organizations that are not publicly held.
What Private Companies Need to Know About Sarbanes-Oxley
Sarbanes-Oxley" and "public company" are so often spoken in the same breath that one can easily forget the implications of the new statute for organizations that are not publicly held. Those implications may be profound and may appear in many different guises, some of which are outlined below. One deserves particular attention: Sarbanes-Oxley will expand dramatically the protections afforded by law to whistleblowers employed by private companies who allege retaliatory discharge or reprisal in the terms of their employment.
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