US Supreme Court: Private RICO Plaintiffs Must Allege Domestic Injury to State a Claim | Practical Law
In RJR Nabisco v. European Community, the US Supreme Court held that complaints under the private right of action provision of the Racketeer Influenced and Corrupt Organizations Act (RICO) must allege a domestic injury to business or property to state a claim. The RICO private right of action does not provide a cause of action for injuries suffered outside of the US.