Nearly 16 years ago, former Xerox Corp. chief financial officer Barry Romeril was among six executives at the company who settled fraud charges with the U.S. Securities and Exchange Commission without admitting or denying guilt. Now, Romeril wants the public to hear his side of the story.
But in order to speak out about what happened, Romeril and the New Civil Liberties Alliance are going to have to convince a federal judge to overturn the SEC’s controversial and long-standing gag rule. To that end, the NCLA on Monday filed a motion for relief from judgment on Romeril’s behalf with the U.S. District Court for the Southern District of New York.
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