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24 juin 2009

Campaign of deceptive marketing

A district court that finds a defendant civilly liable for violating RICO has jurisdiction “to prevent and restrain violations of RICO by issuing appropriate orders .”  Congress limited relief under section 1964(a) to forward-looking remedies aimed at preventing and restraining future RICO violations.
Earlier in this litigation, we held that the statute does not authorize disgorgement because it is “both aimed at and measured by past conduct”: “[i]t is measured by the amount of prior unlawful gains and is awarded without respect to whether the defendant will act unlawfully in the future.”
Defendants argue that corrective statements are similarly “focused on remedying the effects of past conduct,” id., because they seek to correct Defendants’ campaign of deceptive marketing.

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