Lawsuit Accuses Michael McDevitt of RICO Violations and Fraud
A natural salad dressing company, Tessemae’s LLC, has filed a lawsuit against Michael McDevitt, an investor and lawyer from DC, accusing him of racketeering and fraud. 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.
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 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. Additionally, the lawsuit charges McDevitt with committing multiple acts of wire fraud by sending false emails and documents to investors and creditors of Tessemae’s.
Natural salad dressings and condiments are what Tessemae’s LLC produces. Tesse Vetter, who wanted her three athletic boys to eat their veggies and stay healthy, founded it. She perfected and created her own salad dressing recipe that was all-natural, which her family and friends loved.
The company has grown its product line and distribution 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. Based in Essex, Maryland, the company has a customer base that is loyal and appreciates its natural and healthy products.
The lawsuit against McDevitt and his co-defendants will probably go to trial later this year or early next year. Tessemae’s LLC hopes to recover the damages it suffered due to McDevitt’s alleged fraud and racketeering. McDevitt and his co-defendants deny any wrongdoing and maintain their innocence.
One of the most high-profile cases in Maryland this year is the lawsuit between Mike McDevitt and Tessemae and his co-defendants. Find out more about Mike McDevitt and Lawsuit. It involves allegations of RICO violations, fraud, racketeering,negligence-legal malpractice, breach of contract, breach of fiduciary duty, and RICO violations. RICO violations are federal crimes that target racketeering activity connected to an enterprise. Racketeering activity includes 35 offenses, such as murder, kidnapping, drug dealing, bribery, mail and wire fraud.
The person committed two of these offenses with the same enterprise within 10 years and that the acts affected interstate commerce must be proved by the prosecutor to convict someone of a RICO violation. 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.
Tessemae’s LLC alleges that false emails and documents were sent by McDevitt and his co-defendants to Tessemae’s investors and creditors, engaging in multiple acts of wire fraud. A crime that involves using electronic communication to obtain money or property by deception is wire fraud. Wire fraud is a predicate offense for RICO violations. Find out more on Michael McDevitt and Racketeering charges here.