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Twenty-five states forfeited money at the beginning of this month.
They are now likely to be compensated, assuming the forfeited money is released to the company.
The forfeited money will come from SAC, meaning that the firm will write the government a check.
In the past, the New York banking department worked alongside federal and state prosecutors, but did not get a share of the forfeited money.
With Florida's new governor, Mr. Scott, expressing reservations about the plan, the Obama administration moved quickly to award $342 million of the forfeited money from the Midwest to Florida.
But on Thursday, a federal judge ruled that the attorney general at the time, Dennis C. Vacco, had apparently violated the agreement by funneling about $1.5 million of the forfeited money into the task force's coffers.
Similar(47)
They agreed to forfeit money held in Swiss bank accounts.
Failure to perform the act obligates the person to pay a sum of money or to forfeit money on deposit.
You're less likely to backslide on your promise if failure means forfeiting money.
That meant if a video was overly personal or sensitive, unflattering or a creator otherwise didn't want the replay on the internet, they'd be forced to forfeit money they'd earned.
While the most common reactions to Monday night's Seahawks-Packers officiating meltdown were general outrage and forfeiting money to Las Vegas bookmakers, there was at least one person who found the lighter side of the situation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com