It has long been suspected that the Sarbanes-Oxley Act would have a significant impact on smaller public companies. This impact would have both a financial and other resources. Examples of that impact are now being heard. Read the report in Investor’s Business Daily here.
Eric Tsao entered a guilty plea in federal court on September 17th to securities fraud and perjury. At the same time he also settled the insider trading civil case brought by the SEC that led to the criminal charges. His case bears many similarities to one brought against a more famous defendant, Martha Stewart. The […]
The price of crude finished at $49 a barrel and at a new high on the NY Merc. The price then hit the $50 mark in an after-hours electronic session. The WSJ reports that During the regular session, the benchmark light, sweet crude futures for November settled up 76 cents at $49.64 a barrel, surpassing […]