Gershenoff and Smith Obtain Complete Dismissal of Federal RICO SuitMarch 12, 2019 |
Max Gershenoff and Joshua Smith obtained complete dismissal of a federal lawsuit filed in the United States District Court for the Eastern District of New York alleging civil RICO violations, tortious interference with contract and conversion claims.
Plaintiff, a lender in the merchant cash advance industry, alleged that various persons and entities — including the firm’s clients — conspired to deprive it of its security interest in certain receivables.
Magistrate Judge Gary Brown, to whom the case was referred for all purposes, issued a 24-page decision in which he dismissed the RICO claims against all parties and agreed with the firm’s position that the tortious interference and conversion claims failed to allege a cause of action against our clients.
- Max Gershenoff
- Joshua D. Smith