Corporate Scandals

Sarbanes-Oxley Lawsuit Dismissed

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A lawsuit challenging the constitutionality of Sarbanes-Oxley on appointment clause grounds was dismissed this week. I wrote about the suit in the April issue of Reason's "Citings" section, not yet online (subscribers already have it….). Here are comments from co-counsel the Competitive Enterprise Institute on the suit and the dismissal. The plaintiffs will appeal.