Relacore Customer Drops Fraud Action

Law360, New York (July 18, 2011, 5:12 PM EDT) -- A Florida woman agreed Monday to dismiss the remainder of her proposed class action accusing Basic Research LLC of falsely claiming dietary supplement Relacore helped people reduce anxiety and lose weight, following the company's victory in a similar case in California.

U.S. District Judge Gregory A. Presnell booted the remnants of the Racketeer Influenced and Corrupt Organizations Act claims against Basic Research, subsidiary Carter-Reed Co. LLC, CEO Dennis Gay and marketing consultant Mitchell K. Friedlander at plaintiff Diane Hopkins' request, ordering the parties to pay their...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.