An SEC lawsuit names Kwame Kilpatrick and his former treasurer . There was no immediate response to the lawsuit from the defendants Wednesday afternoon . The suit says the mayor is liable for more than $700,000 in alleged campaign finance violations stemming from a failed attempt to repay money he received as part of an agreement with businessman Tony Soave that would Kilpatrick resigned in 2008 and faces federal racketeering charges .
An SEC lawsuit names Kwame Kilpatrick and his former treasurer . The suit says the mayor is liable for more than $700,000 in alleged campaign finance violations stemming from a failed attempt to repay money he received as part of an agreement with businessman Tony Soave that would Kilpatrick resigned in 2008 and faces federal racketeering charges .