BRADENTON, Fla. — Nearly five years after former Alabama Gov. Bob Riley waged war to eliminate what he called illegal casino-like slot machines operating as electronic charity bingo games, bondholders who helped finance a bingo facility are still in court fighting to salvage their investments.

Numerous federal lawsuits have been filed, including by the conduit issuer of $28.3 million of tax-exempt bonds, the Cooperative District of Houston County, bondholders the Lord Abbett Municipal Income Fund Inc., and bond trustee U.S. Bank.

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