FCPA Can't Save $149M Alcatel-Lucent RICO Suit

Law360, New York (January 19, 2011, 5:44 PM EST) -- A Florida judge has dismissed a suit against Alcatel-Lucent SA, ruling that a Costa Rican government-owned utility cannot use the Foreign Corrupt Practices Act criminal investigation against the telecommunications giant as a springboard for racketeering claims.

Judge Pedro Echarte Jr. issued an order Tuesday in the Circuit Court of the Eleventh Judicial Circuit of Florida, dismissing the Instituto Costarricense de Electricidad's suit that alleged Alcatel-Lucent's supposed bribery of government officials caused the utility to overpay for a $149 million wireless telephone equipment contract.

Alcatel-Lucent had previously...
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