Update on Lawsuit Challenging PCAOB

Bill Sjostrom —  20 May 2006

Recall that in February the Free Enterprise Fund filed a suit claiming that the Public Company Accounting Oversight Board (PCAOB) established under Sarbanes-Oxley violates the appointments clause of the Constitution, among other provisions (see here and here). PCAOB filed a motion to dismiss this week. Click here for details.

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