The DC Circuit has been sitting on the PCAOB case since last April (oral argument was on April 15).   It's our understanding that the court tries to issue opinions for the prior term by August 1.  Obviously, that deadline hasn't been met.  We also understand that the court usually issues opinions on Tuesdays and Fridays at 11:00 am.  To the extent that the opinion comes out this month, we are looking at August 15, 19, 22, 26 or 29. 

It is potentially a complicated case which might explain the delay.  The more likely explanation is a divided panel.