Appellants: District Courts Have Jurisdiction To Hear SEC ALJ Ruling Appeals

(February 13, 2020, 1:48 PM EST) -- SAN FRANCISCO — A federal district court erred in ruling that it lacked jurisdiction to hear an appeal of a Securities and Exchange Commission administrative law judge’s (ALJ) ruling denying defendants’ motion to dismiss the administrative proceedings and their challenge of the ALJ’s removal protections, the defendants argue in a Jan. 29 appellant brief filed in the Ninth Circuit U.S. Court of Appeals (Raymond J. Lucia Companies Inc., et al. v. U.S. Securities and Exchange Commission, et al., No. 19-56101, 9th Cir.)....