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Sarbanes-Oxley has Fairchild Considering Going Private

Sarbanes-Oxley has Fairchild Considering Going Private

by Rick Turoczy on March 9, 2006

The McLean-based maker of airplane parts and motorcycle helmets disclosed the possible move in a Securities and Exchange Commission filing.

“The costs of being a small to mid-sized public company have increased substantially with the introduction and implementation of controls and procedures mandated by the Sarbanes Oxley Act of 2002,” the company said in the filing. “We are considering all options for reducing costs, including opportunities to take our company private in the coming year.”

Sarbanes-Oxley has Fairchild Considering Going Private

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