Chesley Files RICO Class Action Against Toyota

CINCINNATI — Stanley M. Chesley of the Cincinnati-based law firm of Waite, Schneider, Bayless & Chesley Co. L.P.A. announced Feb. 12 that he had filed the first national class action lawsuit against Toyota Motor Corp. under the federal Racketeer Influenced and Corrupt Organizations Act...

Pfizer Ordered To Pay $47.3M To Health Insurer In Neurontin RICO Trial

BOSTON — (Mealey’s) A Massachusetts federal jury on March 25 awarded $47.3 million to the Kaiser Foundation after finding that Pfizer Inc. engaged in racketeering and unfair competition through its off-label marketing of Neurontin ( In Re: Neurontin Marketing, Sales Practices, and Products...

U.S. High Court Won't Review RICO Fraud Remedies In Tobacco Cases

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court declined June 28 to review an appellate decision upholding most of the remedies imposed on the tobacco industry by the federal judge who found it liable for a decades-long pattern of fraud and deception ( Philip Morris USA, Inc. v. United States...

Foreclosure Class Actions Pile Up Against Banks

NEW YORK - (AP) Foreclosure-fraud class action lawsuits are starting to pile up against major banks across the U.S., threatening a besieged industry with billions more in potential losses. Bank executives are swarming Capitol Hill this week to defend themselves against multiple foreclosure-related investigations...

Neurontin MDL Judge Grants Summary Judgment Against All But 2 Class Plaintiffs

BOSTON - (Mealey's) The Massachusetts federal judge overseeing the Neurontin multidistrict litigation on Dec. 10 granted summary judgment against all but two class action plaintiffs after finding no direct evidence that Pfizer Inc.'s off-label marketing influenced prescribing physicians ( In...

Judge: Resort Lawsuit Can Go On, But No RICO Claim

BILLINGS, Mont. - (AP) A federal judge in Idaho ruled that Credit Suisse can be sued by property owners over loans the international banking giant made to luxury resorts that went broke. The judge also dismissed a racketeering claim against Credit Suisse in the multibillion-dollar case. The ruling Thursday...

Judge Tosses RICO Claims Against BP For Oil Spill

ATLANTA - (AP) A federal judge on Friday threw out racketeering claims by the lead plaintiffs suing BP over last year's oil spill, and he gave the company another win by setting aside claims filed by one of BP's partners in the well project that resulted in the disaster. Gulf residents. . . ...

6 Third-Party Payers Settle Zyprexa Claims For $4.5Million After Class Vacated

BROOKLYN, N.Y. - (Mealey's) The Zyprexa multidistrict litigation judge on Jan. 12 approved a $4.5 million settlement between Eli Lilly and Co. and six third-party payers who had their Racketeer Influence and Corrupt Organizations Act (RICO) class action vacated and who couldn't find any other...

Judge's Jurisdiction Over Tobacco Racketeering Case Affirmed By D.C. Circuit

WASHINGTON, D.C. - A District of Columbia federal judge's continued jurisdiction over a 13-year-old racketeering case against Big Tobacco stemming from the companies' concealment of the risks of tobacco use was affirmed July 27 by the District of Columbia Circuit U.S. Court of Appeals ( United...

Williams Mullen Alert: Are Civil RICO Class Actions Based on Alleged Immigration Offenses Dead?

By Mary E. Pivec and Reba Mendoza The Fourth Circuit's recent decision in Walters v. McMahen [ enhanced version available to lexis.com subscribers ] affirming the trial court's dismissal of a civil RICO class action at the pleading stage is encouraging news for employers in industries beset by...

Troutman Sanders LLP: Big Tobacco Loses Appeal in Racketeering Case

A federal appellate court recently rejected the tobacco industry's argument that restrictions imposed as part of a 2006 judgment should be set aside because Congress, in 2009, passed a law that imposed other restrictions on the industry and gave the Food & Drug Administration ("FDA"...

Garlock Sues Law Firms, Alleging Fraud Over Asbestos Claims

CHARLOTTE, N.C. — (Mealey’s) Chapter 11 debtor Garlock Sealing Technologies LLC filed four adversary complaints Jan. 9 in a North Carolina federal bankruptcy court against several law firms and attorneys, alleging conspiracy, fraud and violations of the Racketeer Influenced and Corrupt Organizations...

2nd Circuit Reinstates Smuggling, Racketeering Claims Against R.J. Reynolds

NEW YORK — (Mealey’s) The European Community (EC) is an agency or instrumentality of its member states for the purpose of diversity jurisdiction in U.S. federal courts, and allegations of cigarette smuggling, racketeering and money laundering brought by the EC against the corporate parent...