Duane Morris Class Action Review - 2023 - Report - Page 294
conspired to do one of the above (subsection (d)). In essence, the enterprise is either
the “prize,” “instrument,” “victim,” or “perpetrator” of the racketeers.
Civil RICO class actions are significant pieces of litigation. Due to the exposure of treble
damages, such class actions can present extraordinary risks.
II.
Key Rulings In RICO Class Actions
The plaintiffs’ bar secured class certification at a rate of 45%, and companies secured
denials in 55% of the rulings in 2022 (5 of 11 motions for class certification granted / 6
of 11 motions denied).
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Duane Morris Class Action Review – 2023
