RICO laws
Insurance Office of America Inflated Securities RICO Class Action
This class action brings suit against Insurance Office of America, Inc. (IOA) and IOA Group, LLC, alleging that the company ran a Ponzi scheme that inflated stock prices. It also claims that the company defrauded its employees, customers, and independent sales agents and overbilled customers with fraudulent fees added to premiums. Read more
Analog Insulin Drug Makers’ Kickbacks to PBMs RICO Class Action
This class action alleges that pharmacy benefit managers (PBMs) are taking kickbacks from drug manufacturers in ways that raise the prices of prescription drugs. The drugs at issue in this case are analog insulin drugs, and the case has been brought by a drug wholesaler, which claims that it must pay more for drugs because Read more
Cigna, Viant Conspiracy to Negotiate Insurance Payments Class Action
Behavioral health problems, such as drug or alcohol addiction, can be difficult and expensive to treat. In this class action, the complaint alleges that Cigna Behavioral Health, Inc. and Viant, Inc. have “systematically undervalued and underpaid” claims, requiring insureds to pay excessive out-of-pocket charges. Read more
Herbalife Circle of Success Fraudulent Statements RICO Class Action
Herbalife International of America, Inc. involves a multilevel marketing (MLM) company that maintains its distributors’ enthusiasm through a series of events the complaint for this class action identifies as the “Circle of Success.” The complaint claims, however, that the statements made in these events are fraudulent, and that distributors have little to no chance of Read more
Security Benefit Life Insurance EIA Annuities False Illustrations RICO Class Action
This class action is about certain equity-indexed deferred annuities (EIAs) sold by Security Benefit Life Insurance Company. The complaint alleges that Secure Benefit provided deliberate misinformation on the annuities’ potential performance while rigging the rules for them so that they provided little or no return. The complaint alleges violations of the Racketeering Influenced and Corrupt Read more
Juul Labs E-Cigarettes and Costs to Counties Class Action
Many class actions have been filed against Juul Labs, Inc. and its related companies because of the addictive effects of vaping or its apparently youth-oriented marketing. This one is different in that the plaintiff is not a person who became addicted to vaping but Kings County in the state of Washington, which complains of the Read more
Southwest Airlines, Boeing 737 MAX 8 Nose-Down Problems Class Action
The relationship between Southwest Airlines Co. and the Boeing Company was special, according to the complaint for this class action. And when Boeing brought out the flawed 737 MAX 8, the complaint alleges, Southwest helped cover up the plane’s fatal deficiencies. Read more
Young Living Essential Oils Pyramid Scheme Class Action
The story alleged in this complaint is familiar: a pyramid selling scheme, promising riches, but with the ultimate wealth going to those at the top of the pyramid. In this case, the allegations are against Young Living Essential Oils, LC. Read more
Ranbaxy Misled FDA to Get First-to-File Rights to Generics Class Action
The complaint for this class action alleges that Ranbaxy Laboratories, Ltd. took advantage of Food and Drug Administration (FDA) rules on approvals for generic drugs. The complaint says it claimed first-to-file rights for generics of popular drugs even when it had not yet sufficiently developed the generics, in order to block others from doing so. Read more
Mark Hjelle and CSC Coin Laundry Agreement Violations RICO Act Class Action
This class action focuses on Mark Hjelle, the new CEO of CSC ServiceWorks, Inc. The complaint alleges that Hjelle is defrauding customers by subtracting an “administrative fee” of 9.75% from their gross collections. Rather than make claims under state law, the complaint has reasons for bringing a nationwide suit under the Racketeer Influenced and Corrupt Read more