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 claims that McDevitt engaged in RICO violations when he schemed to acquire control of Tessemae’s fraudulently.
The United States District Court in Baltimore received the lawsuit in June 2020. 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.
The lawsuit states that Michael McDevitt and Tandem Legal Group became involved in the management of Tessemae’s in 2017 after providing legal services and investment advice. The lawsuit claims that McDevitt and his co-defendants manipulated Tessemae’s affairs, caused it to incur unnecessary debts, misrepresented its financial situation, and pressured it to sell its assets to them at a low price. 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.
Natural salad dressings and condiments are what Tessemae’s LLC produces. It was founded by Tesse Vetter, the mother of three athletic boys, who wanted them to eat their veggies while staying healthy. 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 also offers many keto-approved products that are delicious, as a proud partner of Dr. Axe Keto Diet. 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 maintain their innocence and deny any wrongdoing.
Mike McDevitt and Tessemae’s lawsuit is one of the most high-profile cases in Maryland this year. It involves allegations of RICO violations, fraud, racketeering,negligence-legal malpractice, breach of contract, breach of fiduciary duty, and RICO violations. Racketeering activity connected to an enterprise is targeted by RICO violations, which are federal crimes. Such as murder, kidnapping, drug dealing, bribery, mail and wire fraud, racketeering activity includes 35 offenses.
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 to convict someone of a RICO violation. RICO has been used for other crimes as well since it was originally passed in 1970 to prosecute the Mafia. RICO violations can be alleged for criminal charges or civil lawsuit cases.
Tessemae’s LLC alleges that McDevitt and his co-defendants engaged in multiple acts of wire fraud by sending false emails and documents to Tessemae’s investors and creditors. Using electronic communication to obtain money or property by deception is a crime that is wire fraud. One of the predicate offenses for RICO violations is wire fraud.