About The Consumer Law Office of Steve Hofer

Steve Hofer has been practicing consumer law in Indiana for more than 20 years. He is a former Indiana State Chairperson of the National Association of Consumer Advocates, a national organization of attorneys striving for fairness in the consumer marketplace. Contact me by phone at 317-662-4529 or via email at hoferlawindyATgmail.com. You can also leave a message through my website at www.hoferlawindy.com.

Monday, September 10, 2018

Like a Good Neighbor - State Farm is There - Settling a RICO Case for a Quarter of a Billion Dollars

State Farm just agreed to pay $250 MILLION dollars to settle a civil racketeering (RICO) case alleging it engaged in an enterprise for the purpose of illegally funnelling $4 million dollars in 2004  into a campaign to elect a faborable judge to the Illinois Supreme Court.  That judge eventually was elected and was theeciding vote overturning a  $1 billion judgment in Avery v State Farm where a class of consuemrs were awarded a big vicotry concerning improper use of none OEM repair parts. 

Now if all this sounds like mumbo jumbo, it's from me trying to summarize in a paragraph things that took 20 years to happen in real life.  Here's what to take from it.  State Farm says it did anything wrong, but State Farm paid $250 million for the privilege of not having a court rule to the contrary.  If you are a State Farm policy holder (as I used to be), this money came from your premiums.  Your money, your choice. 

(By the way, don't call me about this case. It wasn't my case.  I just read about it.) 

Here's the article. 
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