More Legal Action Taken In Ohio's Rare Coin Investment

FOR IMMEDIATE RELEASE

Contact: Beverly Staten

(614) 466-7182

State Senator Marc Dann (D-Liberty Twp.) announced during Tuesday press conference on the steps of the Ohio Supreme Court that he has filed a legal action asking the Ohio Supreme Court to order the state Bureau of Workers' Compensation to release records regarding the bureau's investment of taxpayer dollars in rare coins with coin dealer Tom Noe.

"As James Madison once said: 'A popular government without popular information, or the means of acquiring it, is but a prologue to a farce or a tragedy or perhaps both," said Senator Dann. "It's a sad day when a member of the Ohio General Assembly is forced to file a lawsuit to obtain an inventory and accounting of money held in a trust by the state injured workers and their employers."

The lawsuit comes on the heels of two actions taken in the last couple of days by some of Ohio's highest office holders - the state's auditor Betty Montgomery and Ohio's Attorney General Jim Petro regarding the scandal. Both have chosen two individuals who are significant Republican donors to audit and liquidate the rare coin investments.