Rebecca J. Schofield v. First Commodity Corporation of Boston, Rebecca J. Schofield v. First Commodity Corporation of Boston
Court of Appeals for the First Circuit
1Opinion of the Court
COFFIN, Circuit Judge.
Appellant Rebecca Schofield claims that First Commodity Corporation of Boston (FCCB) fraudulently induced her and her husband to invest all of their liquid assets in trading commodity futures. Her complaint alleged violations of three federal statutes, but the district court held that she failed to state viable claims under two of them, including the Racketeer Influenced and Corrupt Organizations Act (RICO), 18 U.S.C. § 1964(c). The case proceeded to trial on claims under section 4b(A) of the Commodity Exchange Act (CEA), 7 U.S.C. § 6b(A) (1982), and a jury awarded…
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