The Associated Press
New Mexico’s highest court has temporarily put on hold a lawsuit by a state agency seeking to recover money for investment deals it contends were influenced by political considerations during former Gov. Bill Richardson’s administration.
The move by the Supreme Court came earlier this week at the request of former pension fund investment officer Frank Foy, who brought whistleblower lawsuits in 2008 and 2009 alleging a pay-to-play scheme involving state investments.
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