Resolving a deep split among federal circuit courts, the U.S. Supreme Court has broadened plaintiffs’ ability to sue under the Racketeer Influenced and Corrupt Organizations Act (RICO) for economic loss stemming from personal injury. The decision stands to permit plaintiffs to bring federal claims — particularly against generic drug and medical device manufacturers — utilizing an avenue many courts previously believed was foreclosed….
By: Foley & Lardner LLP
By: Foley & Lardner LLP