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ARZUAGA-COLLAZO v. ORIENTAL FEDERAL SAV. BANK

No. 89-2124.

913 F.2d 5 (1990)

Jose Lorenzo ARZUAGA-COLLAZO, et al., Plaintiffs, Appellants, v. ORIENTAL FEDERAL SAVINGS BANK, et al., Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided August 27, 1990.

Attorney(s) appearing for the Case

Carlos E. Aguilar-Perez, with whom Fernando L. Gallardo, and Woods & Woods, San Juan, P.R., were on brief, for plaintiffs, appellants.

Jose R. Gonzalez-Irizarry, Rio Piedras, P.R., with whom Antonio A. Arias-Larcada, and McConnell Valdes Kelley Sifre Griggs & Ruiz-Suria, San Juan, P.R., were on brief, for defendants, appellees.

Before BREYER, Chief Judge, CYR, Circuit Judge, and PETTINE, Senior District Judge.

BREYER, Chief Judge.

The appellants, residents of the Parque Forestal housing project in San Juan, Puerto Rico, sued the Oriental Savings Bank, its wholly-owned subsidiary, Eastern Service Corporation, and several others, claiming that they had violated the federal anti-racketeering law ("RICO"), basically by selling them defective housing. See 18 U.S.C. § 1962(c). The district court entered a final judgment dismissing Oriental and Eastern from the suit...

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