If I understand, you were required to have electronic monitoring as a condition of your pretrial release? I am glad that your case was dismissed so you can get back to your life! As far as a civil law suit, your options are fairly limited. It is highly unlikely that you would be able to sue the State as almost anybody involved in the case as a law enforcement officer, attorney, or judicial official will have some form of personal immunity. There is a slim possibility that you might have a suit against a private individual for "malicious prosecution" if they were sufficiently involved in bringing the case against you. You would need to consult with a civil law attorney to see 1) whether you have a case, and 2) whether they would be willing to represent you. The reality is that even if you have somebody that you can sue, they may not have enough assets to make it worth your time, and I suspect that you would have to pay the lawyer for their time, as this does not sound like something that would be done on contingency.
No answer to these questions is intended to, nor does it, create an attorney-client relationship. There is no substitute for an actual conversation with a licensed attorney about the particular facts and circumstances of your case.
Those conditions were things you accepted as a condition of probation. You elected that. You could have gone to trial.
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To prevail in a wrongful arrest, false imprisonment, and/or malicious prosecution case, you must have been acquitted on the merits. A dismissal is not sufficient. There are many reasons charges may be dismissed. Even an acquittal on the merits is not proof of innocence; it is merely a statement that the prosecution has not met its burden. However, the law recognizes an acquittal on the merits as the price of admission to these civil rights (section 1983) causes of action.
I am a co-author of WEITZ ON AUTOMOBILE LITIGATION: THE NO FAULT HANDBOOK. The opinions expressed in this answer are not intended to be taken as legal advice. These opinions are based on New York practice. I may be contacted at 212-553-9300.