School districts file lawsuit over millions in losses | January 12, 2011 | Almanac | Almanac Online |


Schools - January 12, 2011

School districts file lawsuit over millions in losses

by Renee Batti

The public school districts serving children in Menlo Park, Atherton, Woodside and Portola Valley are among the 12 districts in the county suing San Mateo County and its former treasurer, Lee Buffington, in an effort to recover about $20 million lost by the treasurer when Lehman Brothers filed for bankruptcy in September 2008.

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