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U.S. Supreme Court Holds That Disgorgement Not Exceeding Net Profits and Awarded for Victims is Permissible Equitable Relief in SEC Civil Actions

U.S. Supreme Court Holds That Disgorgement Not Exceeding Net Profits and Awarded for Victims is Permissible Equitable Relief in SEC Civil Actions

福建快3微信群 On Monday, June 22, 2020, the United States Supreme Court issued a ruling in Liu v. Securities and Exchange Commission, 591 U.S. ___ (2020). In an 8-1 decision, the Supreme Court held that, in civil enforcement cases brought by the Securities and Exchange Commission, “[a] disgorgement award that does not exceed a wrongdoer’s net profits […] .

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Justia's LGBTQ Legal Resource Center provides up-to-date information about legal issues uniquely or disproportionately affecting LGBTQ individuals in areas including family law, employment law, immigration, housing, military service, juvenile law, and other topics.


Features a searchable and browsable database of All US Supreme Court Decisions since the 1790s with links to secondary sources such as legal blogs, books, articles and mp3s of oral arguments. 福建快3微信群


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