Oki Semiconductor Company, an Operating Group of Oki America Inc, a Delaware Corp. v. Wells Fargo Bank, National Association

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that theft victims were not directly injured by a money launderer’s subsequent activities because \[o]nly after the theft occurred and the semiconductors were sold could Tran launder the proceeds\
• holding predicate acts of money laundering to conceal proceeds of theft were not proximate cause of plaintiff’s injury resulting from theft
• finding defendant’s employee’s money laundering was not proximate cause of injury occasioned by theft of plaintiff’s semiconductors by third parties
• finding defendant’s employee’s money laundering was not 5 proximate cause of injury occasioned by theft of plaintiff’s semiconductors by third parties
• holding conspirators jointly and severally liable
• defendant’s employee’s laundering of proceeds after sale of goods stolen from plaintiff was the not the proximate cause of plaintiffs RICO loss—“it was theft”

Source: CourtListener parenthetical corpus (CC0).