The Internal Revenue Service (IRS) has issued an apology as a part of a settlement agreement with hedge fund manager Kenneth Griffin, who had sued after a government contractor leaked his confidential tax information.
The Citadel LLC owner filed the complaint against the IRS after a government contractor disclosed his confidential tax information to the nonprofit investigative journalism platform ProPublica in 2019. According to the complaint, the contractor the IRS identified as Charles Littlejohn “exploited the IRS’s willful failure” to set up “adequate, administrative, technical, and physical safeguards” to protect its data.
