SEC Depriving Defendant Of Constitutional Right To Jury Trial, Amici Argue

Mealey's (June 20, 2019, 11:15 AM EDT) -- NEW ORLEANS — The Securities and Exchange Commission’s decision to bring an enforcement action against an accountant instead of first filing an action in federal court has deprived the defendant of her constitutional right to a jury trial under the Seventh Amendment to the U.S. Constitution, Dallas Mavericks owner Mark Cuban and two hedge fund managers argue in a June 17 amicus brief filed in the Fifth Circuit U.S. Court of Appeals (Michelle Cochran v. Securities and Exchange Commission, et al., No. 19-10396, 5th Cir.)....