Joseph Gallagher

Joseph Gallagher

July 28, 2020 | New York Law Journal

In 'Liu v. SEC,' Disgorgement Survives, But With Conditions

On June 22, 2020, the Supreme Court saved the disgorgement remedy it called into question in 'Kokesh v. SEC,' but put the brakes on the SEC's more zealous applications that risked transforming it into an unauthorized penalty.

By Joseph Gallagher

8 minute read