Try our Advanced Search for more refined results

9th Circ. Tosses $1.75M Penalty In SEC's Shell Co. Suit

By Katryna Perera (June 13, 2023, 9:37 PM EDT) -- A split Ninth Circuit panel on Tuesday reversed a district court's imposition of a $1.75 million civil penalty against a businessman accused by the U.S. Securities and Exchange Commission of creating shell companies involving phony CEOs and "straw shareholders" that were later publicly sold, concluding the district court erred in determining the gross amount of his pecuniary gain....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

Subscribers Only

Nature of Suit

Subscribers Only

Judge

Subscribers Only

Date Filed

Subscribers Only

Law Firms

Government Agencies

Judge Analytics

powered by Lex Machina®

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!