IRS Data Leak Damages Suit Should Proceed, Says Ken Griffin

Hedge fund manager Ken Griffin has called on a Florida district court to allow his lawsuit to proceed against the IRS for allegedly failing to protect his confidential financial information, arguing that he made a plausible claim that tax records were leaked to the press.

Founder of Citadel, Griffin is seeking financial damages over an IRS data breach that lead to a ProPublica report focused on the wealthiest US taxpayers. Griffin said late last year that that IRS employees “deliberately stole the confidential tax returns of several hundred successful American business leaders,” which the government has failed to investigate. The ...