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- ANOTHER SUPREME COURT VICTORY (this time as amicus curiae). By a vote of 9-0, the Supreme Court ruled in the case of Bridge v. Phoenix Bond & Indemnity Co. that plaintiffs in civil RICO cases with mail or wire fraud predicate acts need not prove that they personally relied on defendants' misrepresentations; they need only show that their injuries were proximately caused by the misrepresentations, even if a third party relied on them. This was the exact position taken in the amicus curiae brief RCC filed on behalf of the International Association of Insurance Receivers ("IAIR"). The Court's ruling is a major victory for IAIR, whose members are now free to pursue RICO claims against malefactors who loot insurance company assets by making misrepresentations to third-party insurance regulators. The Court's opinion is here and RCC's amicus brief is here.
- SUPREME COURT VICTORY. RCC just won a major victory for civil rights plaintiffs in the United States Supreme Court. By a vote of 7 to 2, the Court ruled in the case of CBOCS West, Inc. v Humphries that Section 1981 of the Civil Rights Act of 1866 allows claims for retaliation. The details are here.
- RCC obtained a $9 million settlement for victims of workplace racial harassment. The settlement, which was reached in the midst of trial in the United States District Court for the Southern District of Indiana, also included a tough consent decree, which includes five years of independent oversight and monitoring of defendant International Truck & Engine Co.
- RCC won a $1.2 million judgment for Chicago-based Stratego Consulting, which was wrongly denied full compensation by one of its clients. The judgment resulted from a week-long bench trial in the Circuit Court of Cook County.
- RCC was designated lead trial counsel in a major securities fraud class action that settled on the eve of trial for $190 million. A final approval hearing on the settlement is scheduled for September, 2007 in the United States District Court for the Northern District of Illinois.
- RCC won a key employment discrimination appeal in the United States Court of Appeals for the Seventh Circuit. In Sylvester v. SOS Children’s Villages, Illinois, 453 F.3d 900 (7th Cir. 2006), the court clarified that plaintiffs can prove retaliation under the “direct method” using circumstantial evidence. After this victory, RCC obtained a favorable settlement for the plaintiff.
- In September 2007, RCC and its co-counsel obtained over $60 million of recoveries in federal asset forfeiture actions on behalf of seven insolvent insurance companies that were victims of a complex looting and fraud scheme. Over $45 million in in additional funds have been recovered in litigation settlements in related cases, on most of which RCC served as lead or co-lead counsel.
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