The California Fair Political Practices Commission is investigating Los Angeles Unified School District board member Scott Schmerelson for a potential violation of economic disclosure regulations, as the West San Fernando Valley board member campaigns for reelection.
The commission is looking at discrepancies in Schmerelson’s disclosure of personal investments in tobacco corporate giant Altria Group. Financial disclosure forms appear to raise questions about when he first purchased the stock and whether it was reported accurately when he entered office in 2015.
An investigation was prompted by three complaints filed to the FPPC by former challenger for the Board District 3 seat Kenneth Ragsdale, a parent and education advocate affiliated with the group Speak Up Parents. Ragsdale did not garner enough signatures to qualify for the March 3 ballot. Click here to read more: https://www.dailynews.com/2020/02/04/lausd-board-member-under-investigation-for-possible-misreporting-of-personal-finances/?fbclid=IwAR2q1Zf-0vUSbK67IO8zjVN_VEVgqTeJGcZ9mci4xfz2jmhUFpHY9bRzYLs