Published: June 18, 2013
Tags: forfeiture, ponzi scheme, Racketeer Influenced and Corrupt Organizations Act, RICO
The bank accounts of a law firm were not subject to direct forfeiture as the “proceeds” of a former shareholder’s criminal enterprise because the accounts included commingled client funds, the 11th U.S. Circuit Court of Appeals has ruled in reversing judgment.
In the first ruling of its kind, a federal appeals court upheld a $142 million jury verdict against drug maker Pfizer for fraudulent marketing based on statistical evidence that its marketing campaign caused doctors to prescribe epilepsy drug Neurontin for unapproved uses.
Drug maker Pfizer violated the Racketeer Influenced and Corrupt Organizations Act by engaging in a fraudulent marketing scheme promoting the epilepsy drug Neurontin for “off-label” uses, the 1st U.S. Circuit Court of Appeals has ruled in affirming judgment.
A federal judge has ordered the nation’s top cigarette makers to issue public statements to correct decades of “false and misleading” claims about the dangers and addictiveness of smoking.
Published: April 16, 2012
Tags: McCarran-Ferguson Act, preemption, Racketeer Influenced and Corrupt Organizations Act, RICO, workers' compensation
Employees could pursue a RICO lawsuit against their employer for wrongfully denying their claims for workers’ compensation benefits, the 6th Circuit has ruled in reversing a dismissal.
Plaintiffs can’t proceed as a class on claims that tobacco company Philip Morris misrepresented light cigarettes as a healthier alternative for smokers, a U.S. District Court in Maine has ruled.
New York City could not meet the RICO “causation” requirement that it be directly injured in its “business or property” by allegation of an injury from the nonpayment of taxes.
The tobacco companies violated federal racketeering laws by deceiving the public for years about the health hazards of cigarettes, the D.C. Circuit has ruled.
Landlords couldn’t be sued for engaging in racketeering activity by allegedly engaging in a scheme to rent to illegal immigrants, a U.S. District Court in New Jersey has ruled in granting a dismissal.