Marlins Stadium Deal Now the Target of Federal SEC Probe
Maybe federal investigators finally got around to reading our piece about the six biggest lies behind the monumentally awful Miami Marlins stadium deal? Whatever the motivation, the Securities and Exchange Commission has subpoened the City of Miami and Miami-Dade County for financial information about the $500 million in bond sales underpinning the stadium.
"We are trying to determine whether there have been any violations of the federal securities laws," SEC senior counselDrew Panahi tells the Herald
The feds request includes communications between the Marlins and city officials in the years leading up to the stadium deal, the Herald reports.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss Miami New Times' biggest stories.
- Hialeah Ranked Worst Place to Retire in Florida Despite Sizable Elderly Population
Fri., Sep. 4, 11:30am
Fri., Sep. 4, 6:35pm
Sat., Sep. 5, 11:30am
Sat., Sep. 5, 7:00pm
- Miami FC Announces Italian Soccer Star Alessandro Nesta as Head Coach
- Residents Vow to Continue Fighting Midtown Walmart After Losing Court Appeal