Sarbanes Oxley Goes Criminal - Accountant Charged With Destroying Documents

Posted 12:36 PM by Michael Fox

Thanks to the Virtual Chase for their pointer to this law.com story on one of the first indictments under the provisions of Sarbanes Oxley prohibiting the destruction of documents. The indictee, a former Ernst & Young partner, apparently was caught in part due to emails. I heard someone describe emails the other day as the cockroaches of litigation: they only come out in the dark, they are hard to destroy, and no matter what you do, you can't kill all of them. A good thing to remember before hitting the send button.

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