NM Appeals Court Steps Into $288M Pay-To-Play Suit

Law360, New York (September 1, 2011, 2:52 PM EDT) -- A New Mexico appeals court on Tuesday picked up an interlocutory appeal of a former state education investment official's $288 million pay-to-play whistleblower suit to decide whether a state anti-fraud law could be applied retroactively.

According to Victor R. Marshall, an attorney representing ex-education investment official Frank Foy, the appeals court agreed to decide whether the state Fraud Against Taxpayers Act could be applied to alleged frauds against the state that took place before the law's July 2007 enactment. If the act can be applied, it...
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