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Intangible property, intellectual asset management and information security are now critical flash points in the Sarbanes-Oxley Act of 2002 and a myriad of other federal and state statutes. Directors and top managers must become actively involved with intellectual asset management and information security to avoid both civil and criminal liability under Sarbanes-Oxley and shareholder derivative suits for the breach of the fiduciary duty to adequately protect intellectual property assets.
September 08, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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