Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Is American Funds Capital Income Builder A (CAIBX) a Strong Mutual Fund Pick Right Now?
    • Large-cap mutual fund or Nifty 50 index? Expert weighs in on where to invest — and if SIP is better
    • Have 5 mutual funds in your portfolio? Should you invest ₹10,000 bonus in one scheme or split it — what experts suggest
    • Mutual fund portfolio: How conservative, moderate and aggressive investors can allocate in current scenario
    • Nippon India Mutual Fund SIPs: What Investors Should Evaluate First Part 1, khaskhabar.com
    • 3 Growth ETFs to Buy Before 2027: One Charges Just 0.03%
    • Is Schwab Balanced Fund (SWOBX) a Strong Mutual Fund Pick Right Now?
    • BBC Audio | The Martin Lewis Podcast | Is it time to ditch your Premium Bonds? | Free Wills
    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

    Hedge Funds Own 7% of Treasurys: What Happens If Basis Trades Unwind?

    October 1, 2026

    Active vs passive funds: 88% success in large-caps but only 26% over 10 yrs | Personal Finance

    September 30, 2026

    Morningstar’s Top Fund Picks for a Simpler Retirement Plan

    September 30, 2026
    Leave A Reply Cancel Reply

    Top Posts

    3 Growth ETFs to Buy Before 2027: One Charges Just 0.03%

    October 1, 2026

    Is American Funds Capital Income Builder A (CAIBX) a Strong Mutual Fund Pick Right Now?

    October 1, 2026

    Large-cap mutual fund or Nifty 50 index? Expert weighs in on where to invest — and if SIP is better

    October 1, 2026

    AGF Investments Announces Risk Rating Change to AGF Credit Opportunities Fund

    September 30, 2026
    Don't Miss
    Mutual Funds

    Is American Funds Capital Income Builder A (CAIBX) a Strong Mutual Fund Pick Right Now?

    October 1, 2026

    Having trouble finding a Large Cap Blend fund? American Funds Capital Income Builder A (CAIBX)…

    Large-cap mutual fund or Nifty 50 index? Expert weighs in on where to invest — and if SIP is better

    October 1, 2026

    Have 5 mutual funds in your portfolio? Should you invest ₹10,000 bonus in one scheme or split it — what experts suggest

    October 1, 2026

    Mutual fund portfolio: How conservative, moderate and aggressive investors can allocate in current scenario

    October 1, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Long Solana, Short Litecoin trade attractive if altcoin ETFs are approved: K33

    September 30, 2025

    5 Best Schwab ETFs to Buy in 2026 | Investing

    April 29, 2026

    Why Millions of Indians Are Betting Big on ETFs in 2025

    December 5, 2025
    Our Picks

    Is American Funds Capital Income Builder A (CAIBX) a Strong Mutual Fund Pick Right Now?

    October 1, 2026

    Large-cap mutual fund or Nifty 50 index? Expert weighs in on where to invest — and if SIP is better

    October 1, 2026

    Have 5 mutual funds in your portfolio? Should you invest ₹10,000 bonus in one scheme or split it — what experts suggest

    October 1, 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

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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