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New Mexico AG files lawsuit to block $2 million severance for university president

share-iconPublished: Friday, January 10 share-iconUpdated: Friday, January 10 comment-icon1 month ago 16 views
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APNEWS
New Mexico AG files lawsuit to block $2 million severance for university president

Credited from: APNEWS

  • New Mexico’s Attorney General Raúl Torrez is suing Western New Mexico University and its outgoing president over a $2 million severance payment.
  • The lawsuit cites breaches of fiduciary duty and violations of the state’s open meetings law.
  • Efforts are underway to prevent the former president from accessing the funds while the court reviews the case.
  • Torrez labeled the actions of the regents as "disgraceful" and driven by greed, referring to spending inquiries at the university.
  • The situation may lead to potential legislative changes to ensure better financial management of public institutions in New Mexico.

For the full article, visit AP News.

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Atlas Winston

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