Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • 3 Balanced Mutual Funds to Counter Market Volatility
    • Motley Fool Unveils 3 ETFs: New Bets On Growth, Value And Momentum – Motley Fool Innovative Growth ETF (NASDAQ:MFIG), Motley Fool Momentum Factor ETF (NASDAQ:MFMO)
    • Gold, silver and global funds emerge as India’s new diversification theme in 2025: Axis AMC’s B. Gopkumar
    • The Mutual Fund Advisor: Choosing the right fund: A 5-step shortcut that actually works
    • Investing in Indian ETFs: A beginner’s guide 
    • Oracle Earnings Could Reset The AI Trade For Cloud & Tech ETFs – Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ), Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ)
    • 7 key metrics every investor should check while comparing mutual funds
    • BOSS Bonds to be paid by Christmas
    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

    Gold, silver and global funds emerge as India’s new diversification theme in 2025: Axis AMC’s B. Gopkumar

    December 10, 2025

    Maybe Trump and Republicans are done being mad at index funds

    December 10, 2025

    Top Large Cap Mutual Funds in India for December 2025

    December 9, 2025
    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

    Maybe Trump and Republicans are done being mad at index funds

    December 10, 2025

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

    November 19, 2023
    Don't Miss
    Mutual Funds

    3 Balanced Mutual Funds to Counter Market Volatility

    December 10, 2025

    Investors interested in maintaining exposure to both equity and fixed-income securities may consider betting on…

    Motley Fool Unveils 3 ETFs: New Bets On Growth, Value And Momentum – Motley Fool Innovative Growth ETF (NASDAQ:MFIG), Motley Fool Momentum Factor ETF (NASDAQ:MFMO)

    December 10, 2025

    Gold, silver and global funds emerge as India’s new diversification theme in 2025: Axis AMC’s B. Gopkumar

    December 10, 2025

    The Mutual Fund Advisor: Choosing the right fund: A 5-step shortcut that actually works

    December 10, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    SEC delays decision on Solana ETFs from Bitwise and 21Shares as SOL stalls near $190

    August 14, 2025

    Real Estate PE Investments Surge to USD 2.2 Billion in Q3 2024: Rediff Moneynews

    October 8, 2024

    Strengthening bonds: Türkiye’s strategic engagement with Syria

    October 23, 2024
    Our Picks

    3 Balanced Mutual Funds to Counter Market Volatility

    December 10, 2025

    Motley Fool Unveils 3 ETFs: New Bets On Growth, Value And Momentum – Motley Fool Innovative Growth ETF (NASDAQ:MFIG), Motley Fool Momentum Factor ETF (NASDAQ:MFMO)

    December 10, 2025

    Gold, silver and global funds emerge as India’s new diversification theme in 2025: Axis AMC’s B. Gopkumar

    December 10, 2025
    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

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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