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The Sarbanes-Oxley Act Lessons for Private Companies by Ed Kane* Public companies will mark the fifth anniversary of the Sarbanes-Oxley Act this year. While few festivities are expected, it’s a good time for private companies – to which few of the Act’s provisions directly apply – to consider which aspects of the Act might constitute best practices for themselves. The Sarbanes-Oxley Act was adopted in 2002 in the wake of a string of corporate scandals, the most notorious being those at Enron and...

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