October 11, 2023
The Sixth Circuit's guidance is needed to help decide when out-of-state parties can be brought into Racketeer Influenced and Corrupt Organizations Act cases, according to a Florida-based private equity firm that is seeking an escape from a Michigan lawsuit scrutinizing its funding of a solar company accused of scamming customers.
September 13, 2023
Florida investment companies have to face claims they were involved in a solar panel company's scheme to dupe customers into buying defective panels, a Michigan federal judge has said, finding that "the interests of justice factors weigh in favor of retaining the litigation."
August 02, 2023
A Florida investment company denies having connections to a solar panel seller that Michigan residents accuse of duping customers into buying defective panels through an interstate scheme, telling a federal court Wednesday it was merely a passive investor that cannot be held liable for treble damages under the RICO Act.