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.
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