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As part of its longstanding interest in how Wall Street investors manipulate the regulatory process for financial gain CREW filed FOIA requests with the Department of Justice, the Federal Trade Commission, and the Securities and Exchange Commission seeking documents on December 8, 2014. In light of reporting showing that hedge fund manager William Ackman orchestrated demands for investigation of Herbalife while maintaining a short position in the company’s stock, CREW’s FOIA requests with the FTC, SEC and DOJ seek to learn more about Mr. Ackman’s efforts.
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