Sarbanes-Oxley Compliance

Sarbanes-Oxley Act of 2002

Commonly referred to as “SOX”, this Act sets forth accounting rules and required disclosures for publicly traded domestic and foreign companies doing business in the United States and private companies preparing to become public. It provides employees protections against retaliation by public companies named in the Act because the employee provided information to the employer, a Federal agency, or Congress relating to alleged violations of Federal laws concerning fraud or securities rules and regulations. Employees are also protected against discrimination when they have filed, or participated in a proceeding filed or about to be filed against a company named in the Act for a violation or alleged violation. This is also known as the “Whistleblower” Act for the protection it affords to those disclosing to the proper authorities damaging information about their employers.

At Zagrans Law Firm, we have advised corporate clients and individuals regarding compliance with SOX rules and conducted investigation that disclosed violations of which clients were unaware. Oftentimes, individuals who have been subpoenaed or may be targets of SEC investigations have sought our counsel for preparation and accompaniment before the SEC.