A federal appeals court has granted Bloomberg Industry Group’s motion to unseal its opinion in an SEC whistleblower dispute involving activist investor Carson Block and one of his former researchers.
Friday’s order from the US Court of Appeals for the Third Circuit reverses the court’s highly unusual decision to place its March 23 opinion “under permanent seal.” The court denied an attempt by Kevin Barnes, filing under the alias Jamie Doe, to gain a share of a $14 million Securities and Exchange Commission award granted to Block, but had kept its legal reasoning secret. Friday’s order was issued without comment.
Source: Court Unseals Opinion in Carson Block SEC Whistleblower Case
