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Simon faces new demands to release financial information.(Knight Ridder Newspapers)

Knight Ridder/Tribune News Service

| August 01, 2002 | O'Brien, Chris; Kurtzman, Laura | COPYRIGHT 2002 Knight-Ridder/Tribune News Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

LOS ANGELES _ Bill Simon, the Republican candidate for governor, is facing new demands to release sensitive financial information _ this time because of an investor fraud suit his firm lost this week.

Attorneys for Edward Hindelang, the former pay phone company executive who won a $78 million judgment against William E. Simon & Sons, filed a motion Wednesday claiming the investment firm has failed to disclose adequate financial information.

Hindelang's attorneys have demanded that Simon's investment firm, which is privately held and manages about $3 billion in assets, disclose its balance sheets, profit and loss statements and other closely held ...

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