A new study conducted by Foley & Lardner reveals that companies are paying a high price to stay public in the wake of a sweeping set of changes to federal securities law. The survey, the first to try to capture the cost of compliance with the Sarbanes-Oxley Act, looked at mostly mid-cap companies and found that since the law's passage last summer, the average price of being public has close to doubled.
Costs of Compliance Soar After Sarbanes-Oxley
New York Law Journal
May 5, 2003