ALBUQUERQUE, N.M. (AP) — A Santa Fe jury has ruled in favor of a company accused of skimming taxpayers in the $60 million renovation of the University of New Mexico's basketball arena known as "The Pit."
The 10-person jury decided Tuesday that Flintco West LLC didn't violate the Fraud Against Taxpayers Act, which allows a person to sue on behalf of taxpayers when public funds are involved.
The Albuquerque Journal (http://bit.ly/YUSYKG) says plaintiffs' attorneys were seeking about $8.8 million in damages.
Flintco was the contractor chosen to head the remodeling at the Pit from 2009 to 2010.
It also claimed the project would have cost $2.26 million less if a lower bid had been accepted.