Supreme Court Upholds But Curbs SEC’s Power to Force Ill-Gotten Gains in Fraud Cases June 22, 2020 By Lawrence Hurley and Andrew Chung The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission’s practice of forcing defendants to surrender...
Supreme Court Hands Wall Street Victory in Curbing SEC Disgorgement Remedy June 5, 2017 By Sarah N. Lynch and Lawrence Hurley The U.S. Supreme Court on Monday scaled back the Securities and Exchange Commission’s power to recover ill-gotten profits from defendants’...