Barry R Goldsmith Frederick R Yarger

Barry R Goldsmith Frederick R Yarger

June 25, 2020 | New York Law Journal

Supreme Court Reins In, But Does Not Overturn, SEC's Disgorgement Authority

In a highly anticipated decision, the U.S. Supreme Court on Monday in Liu v. S.E.C. No. 18-1501 (2020), took steps to limit the SEC's aggressive use of disgorgement of ill-gotten gains in litigated cases, but did not, as some had hoped, do away with this powerful remedy in litigated actions entirely.

By Barry R. Goldsmith, Frederick R. Yarger and M. Jonathan Seibald

9 minute read


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