Chiquita Can't Keep Paramilitary Aid Docs Secret: DC Circ.
By Bryan Koenig (July 17, 2015, 4:01 PM EDT) -- The D.C. Circuit on Friday refused to block the U.S. Securities and Exchange Commission from releasing 23 boxes of financial documents that allegedly detail Chiquita Brands International Inc.'s 1998 to 2004 payments to a Colombian paramilitary group.
Releasing the documents under a 2008 Freedom of Information Act request won't unfairly disadvantage Chiquita in a Florida multidistrict litigation from more than 6,000 Colombians seeking to hold the company liable for the deaths of relatives at the hands of Autodefensas Unidas de Colombia, or AUC, known in English as the United Self-Defense Forces of Colombia, the appellate court ruled.
Chiquita had argued that the...
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