What Are The Penalties For Non-Compliance With Sarbanes-Oxley?
The Sarbanes-Oxley Act states that violations involving destruction or falsification of records related to any federal investigation or bankruptcy proceeding are subject to penalties. Such records include email documents. Penalties range from a fine to a prison sentence of up to 20 years for “whoever knowingly alters, destroys, mutilates” any record or document with the intent to impede an investigation. Additional penalties differ according to section violation guidelines.
