Lawyer Can’t Get All SEC Records in His Ongoing Fraud Case

A lawyer who’s been fighting securities fraud allegations for over seven years can’t force the SEC to turn over all documents related to his case, a federal judge said Feb. 19.

Mitchell J. Stein doesn’t have a right to examine all of the Securities and Exchange Commission’s records on his case because much of the material is privileged and could come up in his ongoing legal proceedings, according to a U.S. District Court for the District of Columbia opinion.

Stein, formerly counsel for purported medical device firm Heart Tronics Inc., drew the SEC and Justice Department’s attention in late 2011 ...