Matco RICO Lawsuit Update

Stay informed with the most recent updates on the Matco Tools RICO lawsuit. Our goal is to provide you with timely and relevant information to help you understand the ongoing legal proceedings.

Did you know?

Matco Tools has been under investigation by the California Department of Financial Protection and Innovation (DFPI) since April 2024. Matco is accused of numerous violations relating to 

Key Updates on the Lawsuit

  • New evidence presented in recent DFPI communications strengthens the case.
  • We want additional individuals to join the lawsuit, expanding its scope.
  • Data security experts predict significant implications for Matco Tools.
  • Ongoing government investigations highlight the lawsuit’s impact.
  • Financial implications could exceed $400,000,000 for Matco Tools
  • SEC violations could put investors at risk (Vontier)
  • Potential losses of stock value could escalate over $285,000,000 (Vontier)