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1:13-cv-00635
District Of Columbia
Patent
Ketanji Brown Jackson
A Washington federal judge on Tuesday rejected a legal challenge brought by the U.S. Chamber of Commerce and two business groups over the U.S. Securities and Exchange Commission's disclosure requirement for companies using "conflict minerals," saying the plaintiffs' claims lack merit.
The U.S. Chamber of Commerce and two business groups urged a Washington federal judge on Monday to nix the U.S. Securities and Exchange Commission's disclosure requirement for companies using "conflict minerals," claiming the rule imposes a "scarlet letter" on the companies without accomplishing its foreign policy goals.