Join Troutman Pepper White Collar and Litigation Partner Cal Stein for a special podcast series, discussing the legal landscape surrounding the Racketeer Influenced and Corrupt Organizations Act (RICO).
In this installment, Cal discusses the ins and outs of the civil remedy provision of RICO and RICO damages. Specific topics include:
• Legal history and overview of RICO damages (2:10);
• Availability of out-of-pocket, restitution, and See more +
Join Troutman Pepper White Collar and Litigation Partner Cal Stein for a special podcast series, discussing the legal landscape surrounding the Racketeer Influenced and Corrupt Organizations Act (RICO).
In this installment, Cal discusses the ins and outs of the civil remedy provision of RICO and RICO damages. Specific topics include:
• Legal history and overview of RICO damages (2:10);
• Availability of out-of-pocket, restitution, and consequential damages to RICO plaintiffs (4:58);
• Lack of standing for RICO plaintiffs to assert derivative damages (7:38);
• Exclusion of personal injury damages under RICO (10:54);
• Possibility of punitive damages being duplicative and unavailable under RICO (13:26); and
• Treble damages and attorneys' fees under RICO (15:35). See less -