While judges have historically shut down attempts by plaintiffs to use Racketeer Influenced and Corrupt Organizations in routine business disputes, partner Andrew Todres and associates Isaac Krier and Zoe Feist explain in this Bloomberg Law article that RICO claims are on the rise.
In this deep dive, they analyze how RICO is being deployed with increasing frequency by large corporations in response to alleged fraud schemes and other misconduct directed at their businesses.
“Win or lose, a colorable RICO claim may provide a mechanism for a large corporate entity or even government agencies to deter attacks, go on the offense, and take control of related public narratives, including those that could further overarching business objectives or public policy goals,” they conclude.
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