Categories: OLD Media Moves

Fox Biz prepares FOI lawsuit vs. SEC

TALKING BIZ NEWS EXCLUSIVE

Fox Business Network is expected to file a lawsuit this afternoon against the Securities and Exchange Commission for failure to respond to Freedom of Information Act request.

The initial request to the SEC, filed on Feb. 26, 2009, sought all records relating to information that the SEC received regarding the potential violations of the securities laws or any other potential wrongdoing by R. Allen Stanford, or Stanford Financials Group and/or its affiliates.

This request included, but was not limited to the SEC’s response to complaints, tips or information and any resulting audits, inquiries and/or investigations.

The SEC has not responded to Fox Business, thus the lawsuit.

Fox Business has been involved in similar legal battles in the past few months. Earlier this month, it won a legal victory to force the release of documents related to New York University’s lawsuit against Bernard Madoff feeder Ezra Merkin.

And in February it won its lawsuit against the U.S. Treasury Department over failure to respond to its Freedom of Information Act requests.

View Comments

    Recent Posts

    Dynamo hires former Business Insider executive editor Harrington

    Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

    1 day ago

    Bloomberg TV hires Kerubo as desk producer

    Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

    1 day ago

    Jittery CNBC staff reassured by new boss

    In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

    1 day ago

    Making business news accessible to a wider audience

    Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

    1 day ago

    Rest of World hires Lo as China reporter

    Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…

    1 day ago

    Bloomberg rises to No. 7 biz news website

    Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…

    1 day ago