SEC Attorneys Escape Request to Disclose Notes in Microbilt Suit

US Securities and Exchange Commission notes in its case against a consumer credit reporting corporation and investment fund manager are work product for litigation that can’t be forced over in discovery, even if they are redacted, a federal judge ruled.

Defendants Princeton Alternative Funding LLC, Microbilt Corp., and its former executives wanted four SEC attorneys to sit for depositions and turn over redacted witness interview notes in the agency’s enforcement action against them, saying they sought “purely ‘factual’ information and not the attorneys’ mental impressions, conclusions, opinions, or legal theories,” Magistrate Judge J. Brendan Day said Wednesday.

The US ...