Author Archives: Stephen T. Rodd

Is Mandatory Audit Firm Rotation Necessary for True Audit Independence?

The Public Company Accounting Oversight Board, also known by the forgettable initials PCAOB, was established pursuant to the Sarbanes-Oxley Act of 2002. The PCAOB defines its mission as overseeing the audits of public companies in order to protect the interests … Continue reading

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Supreme Court Reverses Fifth Circuit’s Error in Halliburton Class Action

  On Monday, June 6, the Supreme Court issued a very short and, for plaintiffs’ securities lawyers, sweet decision almost summarily reversing the Fifth Circuit’s decision denying Rule 23 (b)(3) class certification to the lead plaintiff in a 10b-5 securities … Continue reading

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There Oughtta Be a Law

requiring, for every periodic subscription or service that automatically charges your credit card for renewal, that the merchant provide a 30 day advance notice by mail or email reminding you of the renewal and providing a simple way of canceling … Continue reading

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