Ex-New Century Workers Urge Court To Unseal Report

Law360, New York (March 20, 2008, 12:00 AM EDT) -- Former New Century Financial Corp. employees have slammed calls by creditors to keep secret the results of a probe into the subprime lender's accounting, saying the report is needed to weigh the odds of successfully suing over the lender's downfall.

In an objection filed to the Delaware bankruptcy court Tuesday, the committee representing beneficiaries of New Century's retirement plan said they needed to review the 550-page report to assess the chances of legal redress.

The employees, who say New Century's retirement plan contains at least $43...
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