Jump to Content

Narrowing PCAOB Privilege

November 17, 2010
New York
Law360

On June 29, 2010, a Northern District of Illinois judge narrowly interpreted Sarbanes-Oxley §105(b)(5)(A) (hereinafter Section 105(b)(5)(a)), the congressionally prescribed evidentiary privilege that protects from discovery certain information generated by Public Company Accounting Oversight Board investigations and inspections.

Specifically, the judge found that the privilege covered only documents and information prepared specifically for the PCAOB.

To visit Law360.com and read article click here.

Attorneys

Main Menu { Banner Image }