July 14, 2017
A class member unhappy with a $9.6 million settlement in a criminal New Jersey tax lien bid-rigging scandal cannot avoid paying a bond while she appeals the deal's approval, the class plaintiffs told a Garden State federal judge Friday.
October 27, 2016
A class member in a New Jersey federal suit filed a notice of appeal with the Third Circuit on Wednesday over the $9.6 million settlement of a municipal tax lien auction-rigging suit, which she has described as inadequate, improperly executed and unfairly distributed.
April 20, 2015
Plaintiffs in a New Jersey class action accusing several companies of conspiring to rig municipal tax lien auctions slammed three class members who claim a proposed $9.6 million settlement is inadequate, telling a federal judge Friday the objectors filed their opposition too late.
April 16, 2015
Three New Jersey property owner plaintiffs in a class action alleging a wide-ranging conspiracy to rig municipal tax lien auctions said Wednesday they cannot accept a total settlement of $9.6 million because it's inadequate, improperly executed and preferential to certain plaintiffs and lead counsel.
January 30, 2015
The settlement fund in a consolidated class action brought by property owners alleging a wide-ranging conspiracy to rig auctions of municipal tax liens in New Jersey climbed over $8 million Thursday, after a federal judge gave preliminary approval to settlement deals with three investors and a Florida tax company.
November 03, 2014
A New Jersey federal judge on Friday declined to fully toss a consolidated class action accusing several tax companies of bid-rigging in municipal tax lien auctions, booting two claims but ruling the plaintiffs' amended complaint reinforced their antitrust claims enough to withstand a dismissal motion.
May 12, 2014
A former executive of New York-based tax liens company M.D. Sass Investors Services Inc. on Monday pled guilty to his role in a conspiracy to rig the bidding process for tax lien auctions conducted by New Jersey municipalities, bringing the number of guilty pleas in the U.S. Department of Justice's investigation to 15.
March 11, 2014
A magistrate judge in a New Jersey federal court granted preliminary approval Tuesday to four separate settlement agreements totaling close to $6.8 million with some of the defendants in a consolidated class action accusing several tax companies of bid-rigging the auctions for municipal tax liens.
October 25, 2013
A New Jersey federal judge on Friday tossed without explanation a consolidated class action accusing several tax companies of bid-rigging the auctions for municipal tax liens, which the defendants argued had failed show any plausible evidence that such a conspiracy existed.
April 05, 2013
The owner of a New Jersey real estate company who pled guilty to conspiring to rig auctions of municipal tax liens has agreed to pay $200,000 to settle a related class action, according to a motion filed Thursday in New Jersey federal court.