The Complaint alleges that defendants, over an extended time frame and in numerous separate steps, breached the terms of the Kinam Preferred Stock, breached the fiduciary duties owed by control persons and major shareholders to other shareholders, violated the "best price rule" promulgated under Section 13(e) of the Securities Exchange Act of 1934 (the "Exchange Act"), violated anti-fraud provisions of rules promulgated under Sections 10(b), 13(e) and 14(c) of the Exchange Act, violated the anti-racketeering law
set forth in Section 207 of the Nevada Revised Statutes, committed common law fraud, and violated New York Stock Exchange Rule 311.
Giuliani who filed the suit, the Government was using the anti-racketeering law
to "take back the union from the Mafia," rather than "to take over the union.
That means, the Worcester lawyer argued, his client had not contributed to the lifeblood of organized crime that was the reason Congress created anti-racketeering laws
that carry such heavy penalties; therefore, Randy Albertelli should be allowed to serve a year's home confinement to avoid robbing his wife and two young children of his support and avoid the loss of jobs for 12 to 14 employees of the Green Street Recycling Co.
He told a meeting of EU justice ministers that the Criminal Assets Bureau (CAB) should be the blueprint for every state with tough anti-racketeering laws
District Court in San Francisco charges that the companies - Blue Cross of California, PacifiCare Health Systems and Foundation Health Systems - are violating federal anti-racketeering laws
and interfering with doctors' ability to treat their patients.
Richard Scruggs, a lawyer who figured prominently in the lawsuits brought against tobacco companies, in November filed suit against five HMOs, charging them with anti-racketeering laws
He is now facing court action under anti-racketeering laws
in the States over his part in the takeover of a Texas aviation fuel company.