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March 19, 2008

Keep the SOX on Litigation Holds

Interesting note on the applicability of Sarbanes-Oxley Act's obstruction-of-justice provisions to both individuals and entities, public or private. The article focuses on the criminal penalties for destroying evidence in a federal investigation, matter or official proceeding. The author makes a point that your records-retention policy needs litigation holds to suspend the routine deletion of information.

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Comments

Dead on Mr. Doherty. Automasted systems are good. But the ability to suspend the process is critical.

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