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In re: New Jersey Tax Sales
Case Number:
16-3965
Court:
Nature of Suit:
Companies
Sectors & Industries:
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September 07, 2018
3rd Circ. Tosses Objection To $9.6M NJ Tax Lien Settlement
The Third Circuit tossed an objector's appeal of a $9.6 million class action settlement over rigged tax lien auctions in New Jersey, ruling Thursday that the amount was fair, reasonable and adequate given the likely difficulty of proving the antitrust case at trial.
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March 17, 2017
Class Member Appeals 'Token' $9.6M NJ Lien Bid-Rigging Deal
A class member unhappy with a $9.6 million settlement of a settlement in a criminal New Jersey tax lien bid-rigging scandal filed an appeal in the Third Circuit on Wednesday, claiming the prediscovery deal represents a pittance in comparison to hundreds of millions in alleged damages.