The SEC is facing multiple lawsuits related to alleged misconduct and lack of transparency. Lawsuits involve issues such as a Ponzi scheme, climate regulations, and failure to comply with FOIA requests. Entities like the SEC, EMPOWR_US, and various individuals are at the center of these legal actions.
EMPOWER OVERSIGHT SUES SEC OVER CRYPTO CONFLICT DOCUMENTS - @EMPOWR_us Oversight files lawsuit against SEC for withholding documents related to cryptocurrency conflicts of interest, demanding transparency in agency's decision-making. - Previous FOIA requests by Empower… https://t.co/VRhMNwio0t https://t.co/voPa2z3zFF
JUST IN: @EMPOWR_US EMPOWER OVERSIGHT FILES SUIT AGAINST SEC AFTER FAILURE TO PROVIDE TRANSPARENCY DECISION-MAKING DOCUMENTS FOR OVER A MONTH
Another lawsuit filed against the @SECGov 👇🏼 https://t.co/VUj1dCy5PJ
The stonewalling @SECGov is sued again by @EMPOWR_us over failure to fully comply with May 2023 FOIA request probing potential financial conflicts of interest of Hinman, Clayton 👇🏻 https://t.co/QTz1cYboP8
🚨 We gave the SEC a month. They didn't produce any documents. They didn't commit to when they would produce any documents. So now we've filed suit. https://t.co/teh5tEQ6xk https://t.co/nKyP0k41sw https://t.co/egWn9L50M2
SEC climate suits are poised to land as soon as this week in one, randomly-selected court that would begin to determine the regulations’ fate. https://t.co/R5UySVosot
SEC faces avalanche of lawsuits from states, companies, and nonprofits over climate rule West Virginia Attorney General Patrick Morrisey said the SEC is exceeding the authority Congress granted it to be a financial regulator. Read more ⬇️ https://t.co/YWuwse4r4B
The @SECGov has sued 17 individuals tied to an alleged Ponzi scheme that took in $300 million from over 40,000 victims. https://t.co/UKgylEhiIk