Supreme Court rules for R.J. Reynolds in racketeering case
Source: Reuters
The U.S. Supreme Court on Monday limited the scope of federal racketeering law, handing R.J. Reynolds a victory in its effort to fend off a lawsuit by European Union nations accusing the cigarette maker of running a global money-laundering scheme involving narcotics smuggling into Europe.
The court, in its 4-3 ruling, reversed a lower-court decision that backed the EU and 26 member states, finding that the racketeering law does not extend to claims not made by U.S. authorities concerning conduct that takes place overseas.
"We are certainly pleased with the court's decision today. The company has long believed that the EU's claims are legally and factually baseless," Jeff Raborn, Reynolds' vice president and assistant general counsel, said in a statement.
Winston-Salem, North Carolina-based R.J. Reynolds is part of Reynolds American Inc, the second-largest U.S. tobacco company with brands including Camel and Pall Mall.
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Read more: http://www.reuters.com/article/us-usa-court-racketeering-idUSKCN0Z61LR
World | Mon Jun 20, 2016 3:43pm EDT
WASHINGTON | BY LAWRENCE HURLEY
Ruby the Liberal
(26,217 posts)chapdrum
(930 posts)I never read nor hear about any prosecutions from there, and haven't done so for many years.
yeoman6987
(14,449 posts)Ruby the Liberal
(26,217 posts)former9thward
(31,805 posts)Like it always has been.
Ruby the Liberal
(26,217 posts)chapdrum
(930 posts)it's always good news.
People like Alito and Roberts probably admire the racketeering.