On November 3, 2025, WLF urged the Supreme Court to review, and ultimately to reverse, an Eleventh Circuit decision allowing civil-RICO claims premised on conduct actionable as securities fraud. WLF contends that the PSLRA’s express bar under 18 U.S.C. § 1964(c) prohibits such claims regardless of a given plaintiff’s standing to sue under federal securities law. In its amicus brief, WLF argues that the Eleventh Circuit’s plaintiff-specific loophole undermines Congress’s intent to curb abusive litigation and creates a circuit split with every other court of appeals to have considered the question. WLF’s brief was prepared with the pro bono assistance of Douglas W. Greene, Brian W. Song, Bari R. Nadworny, and Renee M. Knudsen of BakerHostetler.
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