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John C. Coffee, Jr., the Adolf A. Berle Professor of Law at Columbia University Law School, writes that perhaps too much attention has been given to Section 404 of the Sarbanes-Oxley Act and too little attention to other factors deterring foreign issuers from the United States. An even greater cause for the foreign distaste for the U.S. market is the fear of U.S. litigation, particularly securities litigation. But what then should be done?
November 16, 2006 at 12:00 AM
1 minute read
Presented by BigVoodoo
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