Category Archives: RICO claims
RICO Claims: The Enterprise Element
The term ‘racketeering’ is most often associated with criminal operations. However, increasingly, wholly legitimate Florida businesses are facing civil RICO claims. The language of the RICO (Racketeer Influenced and Corrupt Organization) Act is expansive. These claims have many complicated factors, including the ‘enterprise element’. If you have any questions about RICO’s enterprise element, or… Read More »
Florida Passes Enhancements to the RICO Act
Recently, Governor Rick Scott signed House Bill 549 into law, which aims to enhance Florida’s Racketeer Influenced and Corrupt Organization (RICO) law. The new regulations are set to take effect on July 1st, 2016. All Florida business owners should stay updated on Florida’s RICO statutes. While many associate RICO claims with criminal activity, ‘legitimate’… Read More »
Florida Lawsuit Accuses Commercial Landlord of RICO Violations
The Chattanoogan.com recently posted a story about a lawsuit filed at the U.S. District Court for the Middle District of Florida. The legal claim was filed against CBL & Associates, a large real estate investment firm. According to the complaint, there are allegations that CBL has been consistently overcharging its tenants for electricity. Notably,… Read More »
Florida Corporation Files Multi-Count RICO Lawsuit
A Florida corporation’s recently-filed lawsuit against one of its competitors highlights the far-ranging implications of the Racketeer Influenced and Corrupt Organizations Act (RICO). Congress initially implemented RICO in the early 1970s to help police and law enforcement professionals combat the growing influence of organized crime. Prior to RICO, prosecutors were forced to use ordinary… Read More »
