Michelin Hit With Fraud, RICO Suit Over Tire Scheme

Law360, New York (April 24, 2013, 10:14 PM EDT) -- A truck tire retailer accused Michelin North America Inc. of fraud, racketeering and breach of contract in New Jersey federal court Tuesday, alleging Michelin managers provided steep discounts intended only for trucking fleets to rival tire dealers in an attempt to drive the plaintiff out of business.

According to the complaint filed by Elizabeth, N.J.-based Inter City Tire and Auto Center Inc., the complex plot dated back to 2006 and involved collusion between trucking companies, a bogus Michelin dealer and former Michelin managers, who manipulated the...
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