Peirce
WASHINGTON -– The U.S. Supreme Court will let stand a ruling that reopened a fraud case against a Pittsburgh asbestos law firm.
Monday, the court declined to hear the appeal of the firm Peirce Raimond & Coulter, which is alleged to have conspired to fabricate asbestos claims. The U.S. Court of Appeals for the Fourth Circuit ruled in December that CSX did not miss the statute of limitations when it filed its lawsuit.
The Fourth Circuit decision had overturned a West Virginia federal judge's decision.
CSX argued the statute of limitations did not begin running until the lawsuits it used as examples were found to be meritless.
"The district court, however, conflated the filing of the various underlying suits as, in and of themselves, putting CSX on notice of the fraudulent scheme underlying the RICO counts," the Fourth Circuit's opinion says.
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