High Court RICO Ruling To Affect Mass Torts: Experts

Law360, New York (May 1, 2008, 12:00 AM EDT) -- The Racketeer Influenced and Corrupt Organizations Act was a law originally designed to help the U.S. government crack down on organized crime. But a recent Supreme Court case may have a significant impact on civil class actions that can use the law both in court and as settlement leverage.

In Bridge v. Phoenix Bond & Indemnity Co., the high court considered the question of whether a plaintiff asserting a RICO claim based on mail fraud must be able to show injury resulting from a reliance on...
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