High Court Gives Gov't License To Take RICO Claims Global
The U.S. Supreme Court ruled this week that the Racketeer Influenced and Corrupt Organizations (RICO) Act has extraterritorial reach in criminal cases, giving the U.S. government increased license to go after organized crime, drug cartels and terrorist organizations around the world. Attorney Jeremy Sternberg offers commentary on the additional roadblocks the ruling has placed on RICO claims for private plaintiffs.
"Even if private plaintiffs have a tangential claim to domestic injury, companies and other defendants will still be forced to fight on that front," said Mr. Sternberg, "In the first instance, it probably makes it hard to get those cases dismissed."
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