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U.S. Supreme Court

Jun. 30, 2010

Conservatives Notch Narrow Win

A divided U.S. Supreme Court concluded Monday that a section of the sweeping corporate reform and accounting law passed by Congress in the aftermath of the Enron Corp. scandal is unconstitutional.

By Lawrence Hurley

Daily Journal Staff Writer

WASHINGTON - A divided U.S. Supreme Court concluded Monday that a section of the sweeping corporate reform and accounting law passed by Congress in the aftermath of the Enron Corp. scandal is unconstitutional.

The separation of powers question focused on the section of the 2002 Sarbanes-Oxley Act that set up the Public Company Accounting Oversight Board, an independent five-member b...

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