FEDERAL · 15 U.S.C. · Chapter 98
Improper influence on conduct of audits
Current through Pub. L. 119-102
Title 15 — Commerce and Trade·Ch. 98 — PUBLIC COMPANY ACCOUNTING REFORM AND CORPORATE RESPONSIBILITY·Subch. III
(a)Rules to prohibit
It shall be unlawful, in contravention of such rules or regulations as the Commission shall prescribe as necessary and appropriate in the public interest or for the protection of investors, for any officer or director of an issuer, or any other person acting under the direction thereof, to take any action to fraudulently influence, coerce, manipulate, or mislead any independent public or certified accountant engaged in the performance of an audit of the financial statements of that issuer for the purpose of rendering such financial statements materially misleading.
(b)Enforcement
In any civil proceeding, the Commission shall have exclusive authority to enforce this section and any rule or regulation issued under this section.
(c)No preemption of other law
The provis
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15 U.S.C. § 7242 (Improper influence on conduct of audits) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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549 F.3d 1223 (Ninth Circuit, 2008)
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549 F.3d 1223 (Ninth Circuit, 2008)
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389 F. Supp. 2d 648 (E.D. Pennsylvania, 2005)
Kogan Ex Rel. Ligand Pharmaceuticals Inc. v. Robinson
432 F. Supp. 2d 1075 (S.D. California, 2006)
In Re iBasis, Inc. Derivative Litigation
532 F. Supp. 2d 214 (D. Massachusetts, 2007)
Buhannic v. Tradingscreen Inc.
(S.D. New York, 2019)
USA v. Gagalis et al.
2006 DNH 033 (D. New Hampshire, 2006)
Source Credit
History
(Pub. L. 107–204, title III, §303, July 30, 2002, 116 Stat. 778.)