Alfa Capital Markets successfully defends against RICO claim related to plaintiff's failed investment in Russian telecommunications company
Client(s) Alfa Capital Markets (U.S.A.), Inc.
Jones Day succeeded in obtaining the voluntary dismissal of RICO claims brought against Alfa Capital Markets (U.S.A.), Inc. in connection with the plaintiff's failed effort to acquire a stake in a Russian telecommunications company. Plaintiffs voluntarily withdrew the complaint rather than face Rule 11 sanctions.
IPOC International Growth Fund, Ltd. v. Rozhetskin, et al. (S.D.N.Y.)