Anza v. Ideal Steel Supply Corp.
Case Date: 07/10/2025
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In Anza v. Ideal Steel Supply Corporation, the United States Supreme Court relied on Holmes v. Securities Investor Protection Corporation and held that to establish standing under the civil Racketeer Influenced and Corrupt Organizations Act (RICO) provision that creates a civil cause of action for any person or entity injured in their business or property by reason of a RICO violation, a plaintiff must demonstrate that he or she was the direct victim of the defendant's RICO violation (e.g., a business may not sue a competitor that may have gained a competitive advantage by not paying taxes). The Court explained that this construction will save district courts from the difficulty of determining an indirect victim's damages caused by attenuated conduct.
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