Motorola Credit Corp. and Nokia Corp. have accused the family that runs Turkey's second-biggest wireless company of racketeering by borrowing money to build a next-generation wireless network without paying them back. In a suit filed in New York federal court, Motorola seeks more than $2 billion in damages and Nokia wants more than $700 million. Both companies also want punitive damages, as well as triple damages under four RICO counts.
January 29, 2002 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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