Judge Dismisses But Leaves Room To Amend RICO Lending Case

(February 15, 2024, 3:01 PM EST) -- SACRAMENTO, Calif — Conclusory allegations that lender defendants in California undertook interstate activities are insufficient, but because it appears possible that borrowers could adequately plead a Racketeer Influenced and Corrupt Organizations Act (RICO) claim, dismissal is with leave to amend, a federal judge in California said....