Lewis Ferguson III was ready to step down as GC of the Public Company Accounting Oversight Board when the agency got hit with a potentially life-threatening lawsuit. Now Ferguson says he’ll stay on, at least for a while, to defend the PCAOB in a case he says may go to the U.S. Supreme Court.

Previously a partner at Williams & Connolly in Washington, D.C. for 23 years, Ferguson became the PCAOB’s first general counsel in 2004. The private nonprofit agency was created by Congress as part of the Sarbanes-Oxley Act. Its job is to oversee auditors of public companies and ensure that there won’t be another accounting scandal like the ones at Enron Corp. and elsewhere. The Securities and Exchange Commission appoints the board members of the PCAOB, though its budget is independent of the SEC.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]