LAWSUITS NEWS & LEGAL INFORMATION
America Coming Together
Washington, DC: (Aug-29-07) The Federal Election Commission filed charges against America Coming Together (ACT), a Democratic allied 527 group that played a major role in the 2004 presidential election, alleging that the group violated election laws by funding too much of its activity with money raised outside federal restrictions. The lawsuit claimed that ACT, which received a significant amount of its funding from billionaire George Soros, paid for much of the Democrats' voter registration and voter mobilization activities in battleground states such as Ohio, Pennsylvania, and Florida during the 2004 race, while another 527 group, the Media Fund, paid for much of the party's political advertising. Soros and his associate Peter Lewis pumped nearly $40 million into the two groups.
In a settlement reached, the Federal Election Commission imposed a $775,000 fine on America Coming Together. Sources stated that ACT and other 527 groups have eschewed spending so-called federal funds because they must be raised in limited increments. Non-federal funds, also known as soft money, are much easier to generate because they can be collected in unlimited amounts. [THE HILL: FUNDING FINE]
Published on Aug-31-07
In a settlement reached, the Federal Election Commission imposed a $775,000 fine on America Coming Together. Sources stated that ACT and other 527 groups have eschewed spending so-called federal funds because they must be raised in limited increments. Non-federal funds, also known as soft money, are much easier to generate because they can be collected in unlimited amounts. [THE HILL: FUNDING FINE]
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