Civil RICO's Expanding Reach: From Foreign Schemes to Lost Employment
Some recent cases, such as Yegiazaryan v. Smagin and Medical Marijuana v. Horn, show that the courts are grappling with the statute's injury requirement and might expand the sense of hope for plaintiffs.
November 07, 2024 at 10:55 AM
7 minute read
The racketeer influenced and corrupt organizations (RICO) statute has seen a surge in prominence in recent years, valued by plaintiffs for its ability to allow for access to the federal court system, address patterns of illicit conduct, and award treble damages and attorney fees. Originally intended by Congress to dismantle organized crime, civil RICO's appeal has broadened as the federal courts witnessed an increase in the use of civil RICO against business enterprises. In response to its increased use, courts have attempted to limit the reach of civil RICO. However, some recent cases, such as Yegiazaryan v. Smagin and Medical Marijuana v. Horn, show that the courts are grappling with the statute's injury requirement and might expand the sense of hope for plaintiffs.
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