Parties Debate Mandate Rule’s Effect On Disgorgement Claims In SEC Action

Mealey's (January 13, 2022, 2:37 PM EST) -- DALLAS — In Jan. 11 supplemental briefing, parties in a Securities and Exchange Commission enforcement action stemming from an alleged investment scheme involving the sale of unregistered offerings of oil and gas limited partnership interests asked a federal judge in Texas to determine whether the mandate rule limits the court’s ability to consider arguments the parties made in briefing on the SEC’s renewed motion for remedies....