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Stock impact report

Donald Trump sues the IRS and Treasury for at least $10bn [Yahoo! Finance]

Booz Allen Hamilton Holding Corporation (BAH) 
Last booz allen hamilton holding corporation earnings: 1/31 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
The lawsuit brought by Trump, his two older sons, Donald Trump Jr and Eric, and the Trump Organization, stems from the disclosure of tax documents that former IRS contractor and Booz Allen Hamilton employee Charles Littlejohn leaked to the New York Times, ProPublica and other organisations in 2019 and 2020. The suit claims the leak to “leftist media outlets” caused “reputational and financial harm, public embarrassment, unfairly tarnished their business reputations, portrayed them in a false light and negatively affected President Trump , and the other Plaintiffs' public standing”, according to the complaint filed in Miami federal court on Thursday. The lawsuit marks a highly unusual move by a sitting US president to take legal action against arms of his own government. The Trumps allege the IRS and Treasury department failed to establish proper safeguards to ensure the security and confidentiality of the tax returns of the US president and his family. The Treasury and the IR Show less Read more
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