The federal RICO statute enables a plaintiff to present claims showing a deceptive scheme or other unlawful conduct. It provides various potentially strong remedies including the award of counsel fees and treble damages. Because of its many requirements and frequently narrow construction by courts, it is sometimes of limited utility, creating protracted litigation, rather than quick settlement or early judgment. There are pros and cons to RICO litigation. Since the potential problems are large, it is appropriate to start with them.
March 13, 2016 7:16 pm
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