Press Release: NJAC Represents Florida SBA and NCPPR in Seeking Inspection of New York Times Company Governance Records
FOR IMMEDIATE RELEASE
September 25, 2026
CONTACT:
National Jewish Advocacy Center (NJAC)
Phone: (332) 278-1100
Email: press@njaclaw.org
NJAC REPRESENTS FLORIDA SBA AND NCPPR IN SEEKING INSPECTION OF NEW YORK TIMES COMPANY GOVERNANCE RECORDS
Shareholder inspection matter focuses on board oversight of editorial-standards compliance, internal reporting, and related risks.
NEW YORK, NY — The State Board of Administration of Florida (SBA), acting on behalf of the Florida Retirement System Trust Fund, and the National Center for Public Policy Research (NCPPR) have commenced a special proceeding seeking inspection of corporate books and records of The New York Times Company under New York’s Business Corporation Law and common law. The National Jewish Advocacy Center (NJAC) proudly represents both parties. The shareholder inspection matter seeks access to governance records to assess how the Company’s board oversees compliance with its own editorial standards and manages related risks. The requested relief is an order requiring the Company to permit inspection and copying of responsive records.
On September 23, 2026, SBA and NCPPR filed a special proceeding in the Supreme Court of the State of New York, County of New York, seeking an order compelling inspection of The New York Times Company’s books and records.
The requested materials concern board and committee oversight of editorial-standards compliance, channels for reporting and escalating concerns to the board, and oversight of reputational and litigation risks. SBA and NCPPR seek these records to evaluate governance practices and protect their interests as shareholders. Their requests focus on corporate oversight, including governing standards, committee charters, agendas, and reporting lines. They do not seek control over newsroom decisions, reporters’ notes, unpublished drafts, or confidential-source information.
The filing of the special proceeding comes on the heels of many months of NJAC, at the instruction of our clients, requesting New York Times Books and Records.
On May 29, 2026, NJAC issued its first letter on behalf of our client, NCPPR. The letter’s introduction explained that it was a “demand pursuant to New York Business Corporation Law Section 624, New York common law and the shareholder common-law right of inspection to inspect certain books and records under the Company’s control.” The request was denied by The New York Times.
On June 11, 2026, NJAC issued its second letter on behalf of our client, NCPPR. The letter noted that “the Demand sets forth a proper purpose, was made in good faith, and seeks records directly related to NCPPR’s interests as a shareholder.” The request was denied by The New York Times.
On July 14, 2026, NJAC, joined by three private law firms (Grant & Eisenhofer; Schall, Brown & Schwartz LLP; Schoen Law Firm, LLC), issued its third letter on behalf of our client, NCPPR. The letter concluded, “The purpose of this Demand is… to determine whether the Board is overseeing compliance with the Company’s own policies in an area of substantial and growing risk.” The request was denied by The New York Times.
On August 10, 2026, NJAC client the State Board of Administration of Florida, acting on behalf of the Florida Retirement System Trust Fund submitted a letter. The letter said, “This Demand arises from the Company’s repeated publication of factually unsupported content and from the perceived absence of any control and required supervision by the [New York Times] Board of Directors (the “Board”) over the editorial standards the [New York Times] itself has adopted to prevent it.” The request was denied by The New York Times.
All relevant documents are available on the NJAC website.
"Shareholders have a right to understand how a company they own is governed. This proceeding simply asks The New York Times to let its owners see how its board oversees compliance with the Company's own standards," said Mark Goldfeder, Chief Executive Officer of the National Jewish Advocacy Center.
"New York law gives shareholders a well-established path to inspect corporate books and records for a proper purpose, and that is exactly what our clients are pursuing here," said David Benger, Litigation Counsel at the National Jewish Advocacy Center.
"This is about accountability and good governance. Our clients are acting to protect their investments and to ensure that oversight obligations are being met," said Ben Schlager, Director of the National Jewish Advocacy Center.
"The records we seek concern board-level oversight, reporting channels, and risk management, core corporate governance matters that shareholders are entitled to examine," said Anat Alon-Beck, Corporate Counsel at the National Jewish Advocacy Center.
“Extraordinary claims require extraordinary fact-checking. The supposed ‘paper of record’ failed to do that,” said Steve Milloy, Executive Director of the Free Enterprise Project at the National Center for Public Policy Research (NCPPR).
Florida Attorney General James Uthmeier also released a statement.
The organizations thank the Florida Office of the Attorney General for its assistance in the matter and its support of these shareholder inspection efforts. The Attorney General’s office serves as counsel for SBA. The National Jewish Advocacy Center (NJAC) represents both SBA and NCPPR.
This story was initially reported by Maya Sulkin of The Free Press.
The National Jewish Advocacy Center is a nonprofit organization that harnesses the power of the legal system to advocate for and protect Jewish civil rights using creative, innovative strategies. For media inquiries or assistance, contact press@njaclaw.org or (332) 278-1100. This press release can be found at http://njaclaw.org on the News tab.
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