Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • 1 Reason Why Passively Managed Index Funds Could Save You More Money Than Mutual Funds
    • Life Cycle Funds: A smart retirement tool or just another mutual fund category?
    • Can multi-cap mutual funds help navigate market uncertainty?
    • AlphaGrep eyes edge in mutual funds with quant-driven strategies | Mutual Funds
    • 2026 IPO mega wave: What Jio, NSE, Zepto and SBI Mutual Fund issues mean for investors – IPO News
    • Dave Ramsey: Avoid These 3 Things If You Invest in ETFs
    • Business cycle funds outperform benchmarks as AUM rises 26%
    • Why Multi-Cap funds could be the smartest diversification bet right now? All you need to know about them
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Judge in Ohio’s unclaimed funds lawsuit recuses himself from case
    Funds

    Judge in Ohio’s unclaimed funds lawsuit recuses himself from case

    November 19, 2025


    CLEVELAND, Ohio (WOIO) – The judge assigned to the Ohio unclaimed funds lawsuit, which could have a big effect on funding for the Browns’ new Brook Park stadium, recused himself from the case.

    According to court records, District Judge Algenon L. Marbley recused himself from the case, and the case was reassigned to Judge Edmund A. Sargus for all further proceedings.

    Former Ohio Attorney General Marc Dann continues his fight to try and keep Ohio’s Unclaimed Funds from being used on projects like the Brown’s Brook Park stadium project.

    When Ohio’s budget was signed earlier this year, it included a plan to take $1.7 billion in unclaimed funds to be used for a new Ohio Cultural and Sports Facility Performance Grant Fund and Unclaimed Funds.

    $600 million of that would go towards the proposed Cleveland Browns project.

    Unclaimed funds come from a variety of sources, including dormant bank accounts and unclaimed class action lawsuit payouts.

    The state is required to hang on to them until claimed.

    At the time the budget was under debate, Republican lawmakers tried to reassure the public that only money that had sat dormant for more than 20 years would be used for the new project fund.

    Originally, Dann filed a lawsuit with the Franklyn County court saying this is an unconstitutional use of taxpayers dollars claimed or not.

    “The money doesn’t belong to the state and so they are not entitled to spend it on new stadiums or anything else unless they undertake a constitutional process to take the funds from the rightful owners,” Dann said.

    Dann has since asked the local lawsuit be dismissed because he has now elected to take this fight to the federal level, filing a new lawsuit.

    According to Dann, he believes this fight will have to be taken up by the Supreme Court as Ohio is not the only state trying to use these funds for public and private projects.

    “There have been some favorable decisions regarding the misuse of unclaimed funds in other states that are currently in front of the US Supreme Court making the federal court a better forum for our claims,” said Dann.

    Copyright 2025 WOIO. All rights reserved.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Funds Europe Top 200 and Top 50 2026 published

    June 25, 2026

    How Mutual Funds Help Beat Inflation Better Than Traditional Savings

    June 23, 2026

    5 best value mutual funds with over 22% returns in 1 year — who should invest? – Mutual Funds News

    June 22, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    1 Reason Why Passively Managed Index Funds Could Save You More Money Than Mutual Funds

    June 27, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    1 Reason Why Passively Managed Index Funds Could Save You More Money Than Mutual Funds

    June 27, 2026

    The majority of index funds are passively managed and aim to match a specific benchmark,…

    Life Cycle Funds: A smart retirement tool or just another mutual fund category?

    June 27, 2026

    Can multi-cap mutual funds help navigate market uncertainty?

    June 26, 2026

    AlphaGrep eyes edge in mutual funds with quant-driven strategies | Mutual Funds

    June 26, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    THE PROPERTY NERDS: Less than you think?

    March 10, 2026

    Austin City Council takes step toward initiating climate bond election

    July 18, 2024

    SEC delays prediction market ETFs as issuers race to bring event contracts to retail

    May 4, 2026
    Our Picks

    1 Reason Why Passively Managed Index Funds Could Save You More Money Than Mutual Funds

    June 27, 2026

    Life Cycle Funds: A smart retirement tool or just another mutual fund category?

    June 27, 2026

    Can multi-cap mutual funds help navigate market uncertainty?

    June 26, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.