RICO Claims Dropped From AARP Trademark Suit

Law360, New York (February 26, 2009, 12:00 AM EST) -- A judge has thrown out the federal racketeering claims in a trademark suit by AARP alleging that a group of financial firms engaged in a scheme to pass off their services as endorsed by the organization.

Judge Thomas D. Schroeder of the U.S. District Court for the Middle District of North Carolina on Wednesday dismissed AARP's claims under the Racketeer Influenced and Corrupt Organizations Act on the grounds that the complaint has not sufficiently alleged that the defendants in the suit form an “enterprise” under the...
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.