Investor's $3M Racketeering Suit Against Atty Booted

Law360, Philadelphia (February 15, 2013, 10:14 PM EST) -- A Pennsylvania federal judge dismissed a Ukrainian investor’s $3 million racketeering suit Friday after ruling that the case, which accuses an Israeli attorney and businessman of reaping secret profits on coal- and steel-related deals for which he served as an adviser, would be more properly heard in Israel.

U.S. District Court Judge Joy Flowers Conti accepted a magistrate judge’s December report and recommendation granting a motion by defendant Akiva Sapir, an Israeli businessman who allegedly defrauded the plaintiff out of millions of dollars, seeking to the...
To view the full article, register now.