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Sarbanes-Oxley Act of 2002

The Sarbanes-Oxley Act of 2002 (SOX) was enacted in response to accounting fraud scandals in the early 2000s, such as Enron, Tyco, and WorldCom. These scandals shook public and investor confidence and prompted the creation of new regulatory standards for the industry.

The Sarbanes-Oxley Act was intended to protect investors by improving the accuracy and reliability of corporate disclosures and increasing penalties for corporate wrongdoing.

New Regulations under the Sarbanes-Oxley Act

Also known as the “Public Company Accounting Reform and Investor Protection Act” (in the Senate) and “Corporate and Auditing Accountability and Responsibility Act” (in the House), the Sarbanes-Oxley Act:

Report a Violation of the Sarbanes-Oxley Act

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SEC Whistleblowers

Girard Gibbs encourages persons who know about possible securities violation to contact the firm. Under the SEC whistleblower laws promulgated under the Dodd-Frank Wall Street Reform and Consumer Protection Act, whistleblowers may be receive a reward of up to 30 percent of the recovery for information leading to a successful enforcement action by the SEC and are protected from employer retaliation. If you believe that you have information about a securities violation, please contact us at 866.981 4800 or by filling out the form at the right.