When we hear the term “racketeering,” we think of mob bosses and other criminal underworld figures. In fact, many racketeering actions involve companies with recognizable names and products we see every day.
The Racketeer Influenced & Corrupt Organizations Act (RICO) is a set of laws that designates dozens of crimes such as wire fraud and extortion as forms of “racketeering activity.” In addition to criminal penalties, RICO violations provide for fines, triple damages, attorneys’ fees, and injunctive remedies.
RICO is one of the most complex collections of federal laws, and RICO actions usually involve very complicated legal issues. The defendants in these cases retain counsel to ensure they face as few consequences as possible, which is why the individuals and businesses that bring RICO claims need to hire tough, aggressive, experienced attorneys to fight on their behalf. They hire Sommers Schwartz.
Our attorneys have a track record of successful outcomes in RICO matters, including:
- In Re Neurontin Marketing, Sales Practices, and Products Liability Litigation, MDL 1629 (D. Mass.), $142 million RICO verdict against Pfizer Inc. and Warner-Lambert Co., LLC for the off-label marketing of the popular epilepsy drug, Neurontin.
- Torres v. Stream Gas & Electric, Ltd., Case No. 09-cv-2056 (S.D. Tex.), RICO case challenging $100 million illegal pyramid scheme.
If you believe that you have been the victim of racketeering activity, you need to take action. Please contact us today to learn how we can help.