Edwards Must Repay $2.4M In Campaign Funds, FEC Says

Law360, New York (July 21, 2011, 6:14 PM EDT) -- The Federal Election Commission found Thursday that John Edwards' 2008 presidential campaign committee should pay back $2.4 million in federal funds, another entanglement connected to the former senator's presidential bid after he was indicted for campaign finance fraud in June.

The finding is a preliminary approval of recommendations by auditors and must still get final approval from commissioners. An attorney for the campaign committee, Patricia A. Fiori of Utrecht & Phillips PLLC, said it will appeal the decision to the commission.

The audit isn't related to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.