director of the New Jersey chapter of the Sierra Club, stated, "This project will increase traffic and flooding while taking business away from existing stores. This project is the Super Bowl of Sprawl and the American Dream is a commuter's nightmare." In May 2006, the U.S. Securities and Exchange Commission (SEC) announced it was formally investigating the Mills Corporation, the original developer of the property, after it announced that it was restating four years of earnings due to executive misconduct and accounting errors. Later in the year, an analyst at Bank of America Securities pushed Mills Corporation to drop the project, citing the signs of cost overruns. In 2007 the Federal Aviation Administration expressed concerns about the height of the Ferris wheel, which at the time was planned to be , which the FAA feared would affect local air traffic to and from Teterboro Airport. In June 2012, the New York Giants and the New York Jets filed a lawsuit against Triple Five, seeking to halt construction. The lawsuit claimed that the addition of amusement and water parks at the site would adversely affect traffic at MetLife stadium on days when home games were played there, specifically 16 Sundays out of the year, the day of the week that Bergen County's Blue Law prohibits shopping, though not amusement parks. The teams contended that while the mall would be closed on Sundays, the amusement park would not, which would create traffic jams on game days when up to 25,000 vehicles would park at the complex. Traffic studies conducted by the team estimated that 7,700 spots would be added by the project; the developers countered that the amusement parks would add only 63 more cars, claiming that local residents would be wise enough to avoid visiting on a game day, and most tourists would take the rail link rather than drive. In July 2012 Triple Five countersued for what it called an improper campaign by the teams to preserve their monopoly at the site while dissuading potential lenders from investing. On March 12, 2014, the parties reached a tentative settlement, agreeing to drop their lawsuits, which allowed the project to move forward. In February 2015, U.S. federal prosecutors accused Joe Ferriero, former chairman of the Bergen County Democratic Organization and New Jersey political power broker, of bribery, fraud, and racketeering charges. The charges included an allegation that Mills Corporation paid Ferriero $1.7