Opinion ID: 511032
Heading Depth: 2
Heading Rank: 2

Heading: The Class' Cross-Appeal

Text: 22 In view of our decision with respect to the securities claims, it is unnecessary to discuss the Class' contentions regarding the district court's order requiring the crediting of settlement proceeds. 23 The Class next challenges the district court's entry of summary judgment in favor of Arthur Young on the Class' RICO claim. It is not necessary to review the district court's decision on this issue because our disposition of the securities claims means that no predicate acts exist which could form the basis for RICO liability. See 18 U.S.C. Sec. 1961(5); Sedima, S.P.R.L. v. Imrex Company, Inc., 473 U.S. 479, 485, 105 S.Ct. 3275, 3279, 87 L.Ed.2d 346 (1985). This is true despite the fact that the complaint in this case also alleged mail and wire violations, because the Class did not pursue these claims below or on this appeal.