other

Civil RICO

The private right of action under the US Racketeer Influenced and Corrupt Organizations Act, which lets plaintiffs sue over a pattern of racketeering activity; the statute was enacted to target organized crime.

Current clusters

invest1 publisher

Citizens pleads racketeering over 30-plus mortgage staff who left for SoFi

Citizens brings a civil RICO count over SoFi's hiring of more than 30 of its mortgage employees across nine states, and asks a Connecticut federal court to bar use of the client data and pricing models it says left with them.

Publishers:americanbanker.com

Reality

Evidence42
Adoption: Insufficient
Hype gap+22
Incentives72
Confidence58