# 9th Circ. sends RICO claims against longshore union to arbitration

> The Ninth Circuit sent RICO claims brought by CET against International Longshore and Warehouse Union members to arbitration. CET had alleged fraudulent timesheets led to $5.3 million in overbilling.

- Date: 2021-06-28 · published 2021-06-28T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/46604-9th-circ-sends-rico-claims-against-longshore-union-to-arbitration
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

This is a legal ruling on a labor dispute with no meaningful effect on feed grain supply, demand or prices.

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## Sources

- reuters.com: https://www.reuters.com/legal/transactional/9th-circ-sends-rico-claims-against-longshore-union-arbitration-2021-06-28/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.