LOS ANGELES -- A federal judge on Monday postponed deciding on a preliminary injunction in the Whitewater Gardens black box bond deal case after a U.S. attorney argued that a California housing authority might have an alternative remedy to an injunction.

U.S. District Court Judge Consuelo B. Marshall of Los Angeles said Monday that an existing temporary restraining order would remain "in full force" while she accepts further arguments on whether the Riverside County Housing Authority has the option of suing for a refund if it rebates $2.25 million of arbitrage profits from the deal.

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