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.

---

Definitions:

Competitive Advantage

Achieving a superior position in the marketplace through distinctive products, services, or processes that competitors find difficult to replicate.

Manufacturing Costs

Expenses directly related to the production of goods, including raw materials, labor, and overhead costs involved in the manufacturing process.

Market Price

The current price at which an asset or service can be bought or sold in a marketplace, determined by supply and demand.

Competitive Advantage

The attribute or set of attributes that allows an organization to outperform its competitors.