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United States First Circuit


Mendez Internet Mgmt. Serv., Inc. v. Banco Santander De Puerto Rico, 09-1874

In plaintiff's suit against five banks and a consumer watchdog service, alleging federal causes of action based on the Racketeer Influenced and Corrupt Organizations Act (RICO), the Bank Holding Company Act (BHCA), as well as other causes of action, arising from the banks' refusal to provide plaintiff with accounts for his dinar (Iraqi currency) selling business, district court's dismissal of plaintiff's claims under Fed. R. Civ. P. 12(b)(6) is affirmed where: 1) lacking a proper allegation of either class of predicate acts, plaintiff's RICO claim fails at the pleading stage; and 2) plaintiff has not offered sufficient supporting facts to plead his BHCA claim.

Appellate Information

  • Decided 09/22/2010
  • Published 09/22/2010

Judges

Court

  • United States First Circuit

Counsel

  • For Appellant:
  • Nicolás Nogueras-Cartagena, Eduardo A. Zayas-Marxuach

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