SEC Wants PE Firm's 'Fishing Expedition' Claims Paused

By Emilie Ruscoe · October 25, 2024, 8:30 PM EDT

The U.S. Securities and Exchange Commission has asked a Texas federal judge to pause a real estate-focused private equity fund's suit alleging that the regulator subjected it to an unconstitutional "fishing...

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Case Information

Case Title

Broadstreet, Inc. et al v. Securities & Exchange Commission, US

Case Number

4:24-cv-00803

Court

Texas Northern

Nature of Suit

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

Date Filed

August 22, 2024