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Lawsuit expands suit over Mariposa PID and bond issues
The amended complaint in a civil case against High Desert, Albuquerque Academy, and officials accuses gross negligence and unfair practices over Mariposa East PID bonds. It alleges misleading price changes, unmet promised amenities, breached contracts, and improper asset transfers to bondholders, claiming constitutional violations and improper PID board actions. The suit adds plaintiffs, seeks transparency, and notes potential trial revelations impacting Rio Rancho and Mariposa residents.
MENTIONED IN THIS ARTICLE
Mexico
Mariposa Lot
David Wheeler
Mariposa
Rio Rancho
High Desert
Albuquerque Academy
Wheeler
Mariposa East