- James K. Filan(Defending Lawyer) of Ripple labs mentioned that SEC is hiding important documents from Honourable court.
- September 13, 2022 is late date of statement filing on undeniable facts and motion for summary judgement.
According to the information shared by James K. Filan (a lawyer) in the Ripple court case, the security and exchange commission is trying its best to prevent the release of internal documents by William Hinman(a former official of the SEC).
#XRPCommunity #SECGov v. #Ripple #XRP The SEC has filed the complete package of its Objections to Magistrate Judge Netburn's Ruling compelling the SEC to turn over the Hinman speech documents, including the Declaration of Ladan Stewart and the Exhibits.https://t.co/wZbWESUwjm
— James K. Filan
Further extending his views, James K. Filan further extended his views and mentioned that “The Security and Exchange Commission has filed the full record of its objection to Magistrate Judge Netburn’s decision to compel the SEC to turn over Hinman’s speech materials, including Ladan Stewart’s statement and exhibits.”
#XRPCommunity #SECGov v. #Ripple #XRP The SEC has filed the complete package of its Objections to Magistrate Judge Netburn's Ruling compelling the SEC to turn over the Hinman speech documents, including the Declaration of Ladan Stewart and the Exhibits.https://t.co/wZbWESUwjm
— James K. Filan
The Securities and Exchange Commission has responded to James K. Filan’s allegation, stating that William Hinman’s documents contain such sensitive information that they are unrelated to the case in any way.
James K. Filan added more in his statement, “Even if relevant portions of the speech draft contain sensitive information, deliberations, and legal advice secured by deliberative process privilege (DPP) and solicitor-client privilege, these privileges prove to be “important public interests.”
Earlier, Magistrate Judge Netburn refused a plea of partial reconsideration filed by the Security and Exchange Commission, and the commission was only granted a motion of clarification.
Judge Netburn pronounced that William Hinman’s documents were not protected by deliberative process privilege. But the Security and Exchange Commission registered a motion stating that the majority of the documents are protected by solicitor-client privilege, but Judge Netburn denied the same.
James K. Filan (Ripple’s defending lawyer) provided an update on the court’s further note and stated that Ripple has until August 9th to register their response to the Securities and Exchange Commission’s disagreement.
District Judge Torres also allowed SEC to register their briefing until August 16th, allowing District Judge Torres to fully brief and render his decision on the issue.
Also Read: Ifancythat – shop your favorite retail, travel, and leisure brands with crypto
Ripple’s legal advisor favoured ex-rep Todd Tiahrt in his post “Excellent insight from ex-Rep Todd Tiahrt in RealClearPolitics about SEC manipulation tech’s lack of regulatory clarity in blockchain to justify going beyond its authority.”
Ripple is going through tough times in the legal proceeding with Securities and Exchange Commission’s. And on Wednesday 27th july 2022 honourable court have announced the date for the final submissions of the statements and all valid documents for the fast forward proceeding of the case.
Source: https://www.thecoinrepublic.com/2022/07/28/ripple-v-sec-plaintiff-does-its-best-to-cease-hinman-emails-completely/