A former Toms River schools superintendent who admitted taking more than $1 million in bribes in a kickback scheme has dropped a lawsuit against the school district.
Michael Ritacco claimed in a lawsuit filed last fall that the Toms River school district improperly withheld money from a tax-exempt retirement fund it had set up for him. He also sought more than $60,000 in unused sick and vacation time he claimed he was owed.
Ritacco’s attorney requested to have the suit dropped in a federal court filing published Monday.
Ritacco pleaded guilty two weeks ago to public corruption and tax evasion. He was arrested in 2010 and accused of taking bribes as part of a scheme to inflate school insurance charges.
Topics Lawsuits New Jersey
Was this article valuable?
Here are more articles you may enjoy.
Bipartisan Legislation Introduced to Retroactively Restore NFIP 
Parkland Shooting Wasn’t Multiple Incidents With Multiple Deductibles, Court Says 
Business Moves: Trucordia Acquires 5 Local Agencies in 4 States 
Onex CEO Sees Potential for More Insurance Deals After AIG Win 
