WSFA 12 News has an update on a story we reported earlier this week.
You may remember, the Retirement Systems of Alabama announced it had repaid 750-thousand dollars after an investigation by the Securities and Exchange Commission. The investigation involved R.S.A. purchasing stock in the Liberty Corporation at the same time R.S.A. was planning to help Raycom finance the purchase of Liberty's t-v- stations. In our story, R.S.A. CEO Dr. David Bronner made statements concerning the R.S.A.'s ability to buy 5 percent of Liberty's stock.