Panel: Consent Decree’s No-Deny Provision Within Constitutional Limits

Mealey's (September 30, 2021, 1:26 PM EDT) -- NEW YORK — A federal district court’s denial of a Xerox Corp. former senior executive’s motion for relief from judgment, in which the executive sought to invalidate a no-deny provision contained in a consent order he agreed to with the Securities and Exchange Commission, was proper because the defendant failed to sufficiently allege a jurisdictional defect or violation of his constitutional right to due process, a Second Circuit U.S. Court of Appeals panel ruled Sept. 27 in affirming....