11th Circ. Says Bank Must Face Payday Lending RICO Suit

By Y. Peter Kang (February 23, 2016, 8:32 PM EST) -- The Eleventh Circuit said Tuesday that First Premier Bank must face a Racketeer Influenced and Corrupt Organizations Act suit alleging the bank enabled online payday lenders' illegal transactions, finding an arbitration agreement signed by the putative class's lead plaintiff unenforceable....

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