FOIA Lawsuit to Obtain SEC Documents May Cost Company $2M

by Sabrina I. Pacifici on April 18, 2006

WSJ free feature: SEC Watchdog’s Data Request Snags on Fee Fight: “A government watchdog may get the SEC records it wants — but may have to pay millions of dollars for them.” At a cost of $28 per hour for research fees into documents from 26 companies, the SEC claims that a company called SEC Insight could be charged with a fee as high as $2 million to obtain the records it has sought through a FOIA lawsuit.

  • Related press release: “SEC Insight Makes Progress in FOIA Litigation Against the SEC.
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