E. Civil Rico's Tiny Open Window

LibrarySouth Carolina Damages (SCBar) (2009 Ed.)

E. Civil RICO's Tiny Open Window

Civil suits brought under the Racketeer Influenced and Corrupt Organizations Act99 face demanding pleading and proof requirements, but can yield substantial pay-offs for plaintiffs: treble damages and attorneys fees.100 The 103rd Congress bestowed a unique honor upon criminal law violators whose misconduct breeds securities fraud lawsuits. When it enacted section 107 of the PSLRA, Congress created special protection for those who perpetrate investment frauds by erecting a...

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