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These lawsuits are getting close to racketeering
Posted on 9/8/26 at 3:31 pm
Posted on 9/8/26 at 3:31 pm
One of the most feared charges that can be made is racketeering. I assume everyone remembers the ridiculous threat that the NCAA made in their initial filing....50% of LSU's football revenue, etc. Now of course, they are threatening to expel LSU from the SEC. So let's go through the checklist of what constitutes racketeeing.
1) organized group committing fraud to try to extort money
2) intimidation tactics employed to obtain that money'
3) committing acts they have no right to perform
This is usually related to drug running organizations, etc but right now, the SEC is looking like little more than a criminal organization who thinks the laws in this country don't apply to them...specifically anti-trust laws and the laws that allow a person to make a living (let's use Lane Kiffin as example on this one)
The SEC is about to get into deep shite from a legal point of view.
1) organized group committing fraud to try to extort money
2) intimidation tactics employed to obtain that money'
3) committing acts they have no right to perform
This is usually related to drug running organizations, etc but right now, the SEC is looking like little more than a criminal organization who thinks the laws in this country don't apply to them...specifically anti-trust laws and the laws that allow a person to make a living (let's use Lane Kiffin as example on this one)
The SEC is about to get into deep shite from a legal point of view.
Posted on 9/8/26 at 3:33 pm to NotaStarGazer
This is the beginning of the end of the SEC
Posted on 9/8/26 at 3:35 pm to NotaStarGazer
Filing lawsuits, frivolous they may be, is not racketeering.
Posted on 9/8/26 at 3:43 pm to NotaStarGazer
quote:
1) organized group committing fraud to try to extort money
How is the SEC extorting money?
Posted on 9/8/26 at 3:45 pm to NotaStarGazer
you all thinking the man ( THE SEC) wont come out ahead or even blows my mind.
Posted on 9/8/26 at 3:50 pm to deathvalleytiger10
quote:
How is the SEC extorting money?
Posted on 9/8/26 at 3:51 pm to NotaStarGazer
Its abuse of power more than racketeering.
Posted on 9/8/26 at 3:52 pm to bstaceyau19
quote:
Filing lawsuits, frivolous they may be, is not racketeering
You have to take their actions as a whole INCLUDING their publicly made threats before lawsuits were even filed. This has been a lot more than one lawsuit.
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