US Loses Bid To Sink STOCK Act Privacy Suit

Law360, New York (March 27, 2013, 8:52 PM EDT) -- A Maryland federal judge on Wednesday trimmed a lawsuit filed by groups representing federal officials who oppose the government’s STOCK Act — which requires federal employees to disclose their financial holdings online — but left intact a claim that the act invades their privacy.

The Stop Trading on Congressional Knowledge Act was passed in April with the intention of creating greater transparency for the financial activities of government officials like members of Congress. The act could cover as many as 28,000 employees, including high-ranking officials from...
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Case Information

Case Title

Senior Executives Association et al v. United States of America et al


Case Number

8:12-cv-02297

Court

Maryland

Nature of Suit

Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision

Judge

Alexander Williams, Jr

Date Filed

August 2, 2012

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