High Court Review Of SEC Disgorgement Award Sought In Light Of Kokesh

(June 17, 2019, 9:55 AM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court should grant 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 because the ruling provides the Supreme Court with an opportunity to address the issue, which it failed to do in Kokesh v. SEC, petitioners argue in a May 31 petition for writ of certiorari (Charles C. Liu, et al. v. Securities and Exchange Commission, No. 18-1501, U.S. Sup., 2019 U.S. S. Ct. Briefs LEXIS 1995)....