Tag Archives: racketeering activity
Civil RICO Lawsuit Brought Against HomeAdvisor
According to reporting from PR Newswire, a class action civil RICO lawsuit has been brought against IAC/InteractiveCorp and its subsidiary company HomeAdvisor. HomeAdvisor is a web based company that helps to match homeowners with contractors and other home service companies. HomeAdvisor not only provides a directory of local companies that offer home-related services, but… Read More »
GEICO Files Civil RICO Lawsuit Against Five Florida Companies
The Insurance Journal recently reported that GEICO, one of the nation’s largest insurance companies, has filed a civil RICO lawsuit against five Florida businesses along with six specific individuals. The lawsuit, which was filed in Tampa Bay, alleges that the defendants were engaged in an insurance fraud scheme that amounted to a civil RICO… Read More »
Florida Passes Enhancements to the RICO Act
Recently, Governor Rick Scott signed House Bill 549 into law, which aims to enhance Florida’s Racketeer Influenced and Corrupt Organization (RICO) law. The new regulations are set to take effect on July 1st, 2016. All Florida business owners should stay updated on Florida’s RICO statutes. While many associate RICO claims with criminal activity, ‘legitimate’… Read More »
Florida Corporation Files Multi-Count RICO Lawsuit
A Florida corporation’s recently-filed lawsuit against one of its competitors highlights the far-ranging implications of the Racketeer Influenced and Corrupt Organizations Act (RICO). Congress initially implemented RICO in the early 1970s to help police and law enforcement professionals combat the growing influence of organized crime. Prior to RICO, prosecutors were forced to use ordinary… Read More »
