Defense Firm Exec Fights SEC Over Backdating Docs

Law360, New York (June 10, 2009, 12:00 AM EDT) -- A former Engineered Support Systems Inc. board member facing a U.S. Securities and Exchange Commission suit over a $20 million options backdating scam has urged a court to compel the production of investigative documents in the case, slamming the regulator's invocation of the “narrow, disfavored” law enforcement privilege.

Michael Shanahan Jr., who is accused of receiving profits of about $380,000 from a $20 million options backdating scheme at the defense contractor, wants to get his hands on summaries of 30 investigative interviews prepared by both FBI...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.