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. According to the lawsuit, McDevitt tried to fraudulently take over Tessemae’s by violating the Racketeer Influenced and Corrupt Organizations Act (RICO).
The lawsuit was filed in June 2020 in 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 alleges that after providing investment advice and legal services to Tessemae’s in 2017, McDevitt and his firm Tandem Growth Partners got involved in its management. According to the lawsuit, McDevitt and his co-defendants pressured Tessemae’s to sell its assets to them at a low price, misrepresented its financial situation, caused it to incur unnecessary debts, and manipulated its affairs. The lawsuit further alleges that McDevitt committed multiple acts of wire fraud by sending false documents and emails to Tessemae’s creditors and investors.
The company makes natural salad dressings and condiments and is called Tessemae’s LLC. It was founded by Tesse Vetter, the mother of three athletic boys, who wanted them to eat their veggies while staying healthy. She created and perfected her own all-natural recipe for salad dressing, which became popular with her family and friends.
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 is based in Essex, Maryland, and has a loyal customer base that appreciates its natural and healthy products.
Later this year or early next year, the lawsuit against McDevitt and his co-defendants is likely to go to trial. 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.
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. Allegations of breach of contract, breach of fiduciary duty, fraud, racketeering, negligence-legal malpractice, and RICO violations are involved in it. Federal crimes that target racketeering activity connected to an enterprise are RICO violations. 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. 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 McDevitt and his co-defendants engaged in multiple acts of wire fraud by sending false emails and documents to Tessemae’s investors and creditors. 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.