Stechler v. Sidley, Austin Brown & Wood, L.L.P.

OPINION AND ORDER

SCHEINDLIN, District Judge.

I. INTRODUCTION

This case arises out of tax and consulting services offered by several legal and financial services firms. Plaintiffs allege a conspiracy among defendants to market, sell and implement a tax shelter — known as the Digital Options Strategy — which defendants knew or should have known would be considered unlawful by the IRS. Plaintiffs allege that defendants violated the Racketeer Influenced and Corrupt Organizations Act, 18 U.S.C. § 1962, and are liable for damages and other relief arising from unjust enrichment, breach of contract,…