A Securities Fraud Claim Can Be Used as a Predicate

question 44

True/False

A securities fraud claim can be used as a predicate act in a civil case under the Racketeer Influenced and Corrupt Organizations Act regardless of whether the defendant has been criminally convicted in connection with the fraud.

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Definitions:

Penicillin

is a group of antibiotics derived from Penicillium fungi, used in the treatment of bacterial infections by inhibiting cell wall synthesis.

Petrified Wood

The result of a tree or tree-like plants having completely transitioned to stone by the process of permineralization.

Organization

A structured group of people who work together to achieve a particular goal, often structured in a specific way to facilitate that goal.

Membrane-Bound Nucleus

A defining feature of eukaryotic cells, an enclosed nucleus separates the genetic material from the cytoplasm.