"I am not an agent. So, if I am not an agent why would I have to sign [under FARA]," he said. "So, the basis of the lawsuit is that I am not an agent, I do not meet any of the requirements to be an agent, and therefore, we feel we don’t have to sign."
READ MORE: Sputnik Shares Experience With Journalists From 34 Countries
Ferolito stressed that no one in the broadcast industry has to register under the Foreign Agents Registration Act.
"My concern is strictly the broadcast industry, radio and television because it's just not under the law, I don't have to sign. I am not an agent of any government. I'm an independent businessman who has made a business transaction, period," he said.
Ferolito also noted that the court will respond to their lawsuit within 60 days.
"And then we have 14 days to respond and that could happen anytime within the next 72 days. They can respond quicker, we don't know yet," he added.
Commenting on the situation, Margarita Simonyan, the editor-in-chief of Sputnik news agency, said that she will closely follow the situation around Radio Sputnik's partner in the United States, RM Broadcasting LLC.
"The argument of our partners: 'it causes serious damage to the business.' A year ago, when … [we were told to register under FARA], the authorities said it was just a formality. Now we know that's not true. Therefore, we will closely follow the process," Simonyan said.
Under the FARA legislation, the entities in question must provide details about their operations to the Justice Department.
Sputnik is one of the largest international media companies offering country-specific and regional multimedia websites in 32 languages, analog and digital radio broadcasting in Russian, English and French in 130 cities and online.
Sputnik newsfeeds deliver 24/7 content to leading international media around the world in English, Arabic, Spanish and Chinese. Sputnik websites get more than 50 million visitors. Twenty-two bureaus around the world, from Tokyo to Montevideo, employ more than 1,000 people from dozens of countries. Sputnik is part of the Rossiya Segodnya media group with its headquarters in Moscow.