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RICO laws

Coin Laundry with Multiple Machines

This class action focuses on Mark Hjelle, the new CEO of CSC ServiceWorks, Inc. The complaint alleges that Hjelle is defrauding customers by subtracting an “administrative fee” of 9.75% from their gross collections. Rather than make claims under state law, the complaint has reasons for bringing a nationwide suit under the Racketeer Influenced and Corrupt Organizations (RICO) Act.

Artex Logo

A group of companies and individuals, the complaint for this class action alleges, duped people into taking part in an illegal tax-shelter scheme it calls the Captive Insurance Strategies. The complaint claims that the group violated the Racketeer Influenced and Corrupt Organizations (RICO) Act and committed fraud, among other things.

Ranbaxy Building in India

When the patent on a drug expires, another company may make a generic version of it. But even these generics must be approved by the Food and Drug Administration (FDA). The complaint for this class action claims that Ranbaxy Laboratories Limited and its associates engaged in dishonest behavior in rushing generic applications to the FDA in order to get exclusive rights to make certain generics.

MobiLoans Logo

This is yet another case about the “rent-a-tribe” usurious lending scheme run primarly by Think Finance, LLC and its associates. This time, the defendant is MobiLoans, LLC and the complaint alleges violations of the Racketeer Influenced and Corrupt Organizations (RICO) Act.

Roll of Cash

State laws regulate lenders, requiring that they be licensed and specifying a ceiling on the amount of interest they can charge. But in recent years, some have tried to get around these laws, and any regulation whatsoever, by falsely claiming that their loan companies are owned by Native American tribes and taking advantage of sovereignty laws. The complaint for this class action details one such “rent-a-tribe” scheme, which it says violated the Racketeer Influenced and Corrupt Organizations (RICO) Act.

Opioid Pills in Different Colors

The complaint for this class action begins by pointing out that, since 1999, there have been more than 183,000 opioid-related deaths in the US, or more than three times the number of US soldier who died in the Vietnam War. Its primary allegation is that the manufacturers and distributors of opioids have violated the Racketeering Influenced and Corrupt Organizations (RICO) Act and driven up the price of health insurance in Pennsylvania.

Equitable Acceptance Corporation Logo

Plaintiff Vanessa Williams took out student loans totaling approximately $21,000 for her education. When SLF Center called her and told her it could obtain loan forgiveness for her, she was naturally interested. But according to the complaint for this class action, all that happened was that Williams was saddled with yet another loan, via Equitable Acceptance Corporation (EAC). 

Oxford Logo

The complaint for this class action claims that Oxford Health Insurance, Inc. (OHI) arranged with pharmacies to overcharge patients for prescription drugs and return the overcharges as “clawbacks” to Oxford, in violations of the terms of their health insurance plans. According to the complaint, the insurer’s actions violate the Employee Retirement Income Security Act (ERISA) and the Racketeering Influenced and Corrupt Organizations Act (RICO).

Disabled Person

Structured Settlement Annuities (SSAs) are often used to settle personal injury or medical malpractice cases where large sums will be needed to pay for long-term treatment or care of an injured person. SSAs help persons who may be impaired or not financially savvy by providing steady or periodic income streams over long periods of time. But the complaint claims that beneficiaries are vulnerable to unscrupulous companies who want to buy their income streams for low but immediate payments that are not proper compensation for the long-term income. State and federal laws require judicial review of all such purchases to ensure that they are in the best interest of the beneficiaries. Unfortunately, the complaint alleges, a conspiracy has been formed in Virginia that involves an attorney, companies that purchase SSA benefits, and complicit judges. The complaint alleges that the conspiracy violates RICO laws and defrauds beneficiaries.

Puppy

The complaint for this class action alleges that Petland, Inc. and its co-conspirators failed to properly check the health of the cats and dogs it sold and, when new owners saw signs that animals were sick, attempted to hide their true condition in order to protect Petland’s profits.

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