High Court To Review SEC Disgorgement Award In SEC Enforcement Action

Mealey's (November 1, 2019, 3:26 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on Nov. 1 granted review of a federal appellate court’s ruling in a Securities and Exchange Commission enforcement action holding that the SEC may seek disgorgement in addition to injunctive relief and a civil monetary penalty (Charles C. Liu, et al. v. Securities and Exchange Commission, No. 18-1501, U.S. Sup.)....