Tessemae’s LLC Sues Michael McDevitt for Fraud and Racketeering
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. A motion to dismiss the fraud and racketeering claims by McDevitt and his co-defendants was denied by Judge George L. Russell, III on March 31, 2021. 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. 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. 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.
The company makes natural salad dressings and condiments and is called Tessemae’s LLC. 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’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. Based in Essex, Maryland, the company has a customer base that is loyal and 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 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 fraud, racketeering, breach of fiduciary duty, breach of contract, negligence-legal malpractice, and RICO violations. Federal crimes that target racketeering activity connected to an enterprise are RICO violations. 35 offenses are included in racketeering activity, such as murder, kidnapping, drug dealing, bribery, mail and wire fraud. Here is more info on Michael McDevitt and Fraud charges.
To convict someone of a RICO violation, 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. RICO has been used for other crimes as well since it was originally passed in 1970 to prosecute the Mafia. For criminal charges or civil lawsuit cases, RICO violations can be alleged.
By sending false emails and documents to Tessemae’s investors and creditors, Michael McDevitt and Defendents engaged in multiple acts of wire fraud, Tessemae’s LLC alleges. Using electronic communication to obtain money or property by deception is a crime that is wire fraud. Wire fraud is a predicate offense for RICO violations. Find out more on Michael McDevitt and Racketeering charges here.
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