April 27, 2017
A New Jersey federal judge had biting words for a financial firm in refusing to toss Atlantic City's suit claiming it mishandled city funds intended for small business loans and assisting residents with mortgages, blasting the company for a "deficient" motion that cited little evidence.
January 13, 2017
A New Jersey federal judge on Wednesday imposed sanctions on attorneys representing Atlantic City in its $3 million breach suit against a financial firm over its handling of city loan funds, after two brothers connected to one of the firm's subsidiaries argued they had nothing to do with the alleged wrongdoing.