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Former Miami budget director Michael Boudreaux is asking a federal judge for a new trial over Securities and Exchange Commission charges that he committed securities fraud because he believes the previous trial was unfairly prejudiced against him.
January 4 -
The U.S. Department of Transportation told a Florida congressman who made inquiries about All Aboard Floridas financing that it does not evaluate ridership, revenue, or creditworthiness for private activity bond allocations.
January 4 -
Miami Beach put the brakes on a public-private partnership to build a 3.5-mile light rail streetcar, to let voters have a say in a larger transit plan that boosters hope can tap the Trump administrations infrastructure financing proposal.
December 21 -
Martin and Indian River counties have asked a federal judge to examine the new bond financing strategy employed by All Aboard Florida to determine the "full extent" of the proposal and its impact on their federal lawsuits.
December 13 -
Former Miami budget director Michael Boudreaux plans to ask a federal district court by Jan. 3 to vacate a jurys verdict that he was guilty of securities fraud, according to his lawyer.
December 12 - Florida
Florida has taken advantage of favorable market conditions for more than six years capturing $2 billion in savings from refinancings, but the state's top finance official says that run is probably coming to an end.
December 7 -
All Aboard Florida moved a step closer to financing the first phase of its private passenger train project when the U.S. Department of Transportation approved AAFs new application for $600 million of tax-exempt private activity bonds. PAB financing for the projects second phase remains uncertain.
November 30 - Florida
Orange County, Fla., will competitively price $282 million of new money and advance-refunding tourist development tax-backed revenue bonds on Tuesday.
November 28 -
Miami city commissioners will be asked Thursday to approve their first bond issue since a federal jury found the city guilty of violating securities fraud charges and paying a record $1 million settlement.
November 16 -
Former Miami budget director Michael Boudreaux has been ruined financially fighting securities fraud charges and cannot pay a $450,000 civil penalty sought by the Securities and Exchange Commission, his attorney argued in a court filing Monday.
November 15