Michael McDevitt Faces Lawsuit for Racketeering and Fraud
Michael McDevitt Baltimore, a DC-based lawyer and investor, is facing a lawsuit for racketeering and fraud filed by Tessemae’s LLC, a natural salad dressing company. The lawsuit alleges that McDevitt violated the Racketeer Influenced and Corrupt Organizations Act (RICO) when he attempted to fraudulently acquire control of Tessemae’s.
In June 2020, the lawsuit was brought to the United States District Court in Baltimore. On March 31, 2021, Judge George L. Russell, III denied a motion to dismiss the fraud and racketeering claims by McDevitt and his co-defendants. The remaining claims are RICO, fraud, breach of contract, breach of fiduciary duty, and negligence-legal malpractice.
According to the lawsuit, McDevitt and his firm Tandem Growth Partners provided legal services and investment advice to Tessemae’s in 2017 and became involved in its management. The lawsuit alleges that McDevitt and his co-defendants caused Tessemae’s to incur unnecessary debts, manipulated its affairs, pressured it to sell its assets to them at a low price, and misrepresented its financial situation. The lawsuit also accuses McDevitt of engaging in multiple acts of wire fraud by sending false emails and documents to Tessemae’s investors and creditors.
The company makes natural salad dressings and condiments and is called Tessemae’s LLC. Tesse Vetter, who wanted her three athletic boys to eat their veggies and stay healthy, founded it. Her family and friends enjoyed her own all-natural recipe for salad dressing, which she created and perfected.
The company’s product line and distribution have grown around the globe, with a motto of “Simplify Food, Amplify Life”. The company is also a proud partner of Dr. Axe Keto Diet, offering many delicious products that are keto-approved. The company has its base in Essex, Maryland, and has a faithful customer base that values its healthy and natural products.
The lawsuit against McDevitt and his co-defendants will probably go to trial later this year or early next year. Due to McDevitt’s alleged racketeering and fraud, Tessemae’s LLC hopes to recover the damages it suffered. McDevitt and his co-defendants deny any wrongdoing and maintain their innocence.
The lawsuit between McDevitt and his co-defendants and Tessemae’s LLC is one of this year’s most high-profile cases in Maryland. If you want to read more about Michael McDevitt and Lawsuit, go here. It involves allegations of fraud, racketeering, breach of fiduciary duty, breach of contract, negligence-legal malpractice, and RICO violations. Federal crimes that target racketeering activity connected to an enterprise are RICO violations. 35 offenses are included in racketeering activity, such as murder, kidnapping, drug dealing, bribery, mail and wire fraud. Here is more info on Michael McDevitt and Fraud charges.
To convict someone of a RICO violation, the prosecutor must prove that the person committed two of these offenses with the same enterprise within 10 years and that the acts affected interstate commerce. In 1970, RICO was originally passed to prosecute the Mafia, but it has also been used for other crimes since then. RICO violations can be alleged in civil lawsuit cases or for criminal charges.
By sending false emails and documents to Tessemae’s investors and creditors, Michael McDevitt and Defendents engaged in multiple acts of wire fraud, Tessemae’s LLC alleges. Using electronic communication to obtain money or property by deception is a crime that is wire fraud. Wire fraud is one of the predicate offenses for RICO violations.