January 14, 2026
A New Jersey federal judge dismissed a Chilean citizen's suit challenging the constitutionality of New Jersey's unclaimed property law, finding that he lacks standing despite his arguments that he fears the state may again seize, sell and undercompensate him for abandoned stocks.
December 19, 2024
A Chilean citizen on Thursday filed proposed class claims challenging the constitutionality of New Jersey's unclaimed property law, alleging that the state often auctions or sells off abandoned real estate without any prior notice to owners — which purportedly include pop superstar Taylor Swift — and keeps the proceeds for its own use.