Franklin, Andrews, Kramer & Edelstein

[mAjOr dAmAgE]

Hayter v. SEC, suit alleges that the SEC has "conducted a wide-scale fishing expedition into the affairs of persons and entities not subject to the formal order and concerning matters far beyond its territorial jurisdiction."

Suit states Hayter has been the subject of "this amorphous investigation" and that his "privacy rights were violated by the SEC's malicious publication of his identity in relation to ostensible criminal or civil violations... ."

Hayter alleges that "In publishing the information, the SEC breached its own confidentiality strictures and violated the Privacy Act of 1974."