Tuesday, February 21, 2006

'Starr' prosecutor takes on PCAOB over Sarbanes-Oxley

Watchdog faces lawsuit over accounting rules

Kenneth Starr, the prosecutor in the infamous Monica Lewinsky White House scandal, is heading up a legal team challenging US accounting rules on behalf of a pro-business Republican lobbying group.

Starr will represent the Free Enterprise Fund, which opposes Sarbanes-Oxley, claiming it is in breach of the US Constitution.

The Fund filed a lawsuit on Tuesday in a federal court in Washington against the Public Company Accounting Oversight Board. arguing that it violates the US constitution's mandated separation of powers among the three branches of government.

See full Article-