Legislative Employees Lose Challenge To STOCK Act

Law360, New York (March 21, 2013, 9:11 PM EDT) -- A Maryland federal judge on Wednesday denied a challenge to a law requiring that federal employees' financial information be posted online, ruling that the U.S. government enjoys sovereign immunity from one of two privacy suits filed over the Stop Trading On Congressional Knowledge Act.

U.S. District Judge Alexander Williams Jr. tossed the suit, which alleged that the act violates legislative employees' constitutional privacy rights, on the grounds that the federal government never consented to be sued and was invulnerable to the action under the doctrine of sovereign immunity....
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