Capital One Defeats RICO Claims In Collections Class Action

Law360, New York (June 14, 2013, 4:56 PM EDT) -- A Pennsylvania federal judge on Friday knocked out a purported class action alleging Capital One Bank NA violated federal racketeering laws in its debt collection practices by presenting inapplicable customer agreements and inducing consumers to hire attorneys.

U.S. District Judge Mitchell S. Goldberg found that the named plaintiff in the case, Brian T. Lynch, had failed to present sufficient evidence that he had relied on false statements by Capital One when he hired an attorney to fend off its efforts to collect on outstanding credit card...
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