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: Legal Pad | LAConflict-of-interest charges dropped in long-running pension case
By Richard Binder
Yesterday the California Supreme Court threw out criminal charges filed by the San Diego County district attorney against five former members of the city retirement board stemming from the city's pension controversy. The court decided that those five could not be didn?t have a financial interest in the contracts they approved that ran afoul of the law.
The sole defendant that didn?t have the charges dismissed is Ron Saathoff, the former head of the city firefighters? union, who could still be tried on state conflict of interest counts. No trial date has been set for Saathoff on that charge.
The pension controversy has dominated local politics for several years, but according to court documents the Securities and Exchange Commission is moving to settle civil charges against former city officials.
Full post as published by Legal Pad | LA on January 26, 2010 (boomark / email).
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