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Sarbanes-Oxley Powers Weighed by 11th Circuit

Daily Report

November 25, 2003

The 11th U.S. Circuit Court of Appeals must determine whether the Sarbanes-Oxley law can revive old claims. At issue is whether ¿ 804 (b) of the corporate responsibility law allowed former Dean Witter investors to sue the company for making unauthorized trades in 1998 -- even though the statute of limitations on their claims had expired by the time President Bush signed the bill into law.

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