
Demystifying the Sarbanes-Oxley Act of 2002
Introduction Sarbanes-Oxley Act of 2002: Is a sweeping U.S. federal law enacted on July 30, 2002. Created in response to massive corporate and accounting scandals like Enron and WorldCom, SOX aims to protect investors, prevent corporate fraud, and improve the reliability of corporate financial disclosures. Securities Litigation: Often arises when there are allegations of misrepresentation or omission of critical information by a corporation, leading to financial losses for


