F-Squared Was Wrong Test Case For SEC Disgorgement

By Chris Villani (August 28, 2018, 5:42 PM EDT) -- A recently dismissed putative class action was the wrong test case to challenge the U.S. Securities and Exchange Commission's ability to seek disgorgement penalties, according to securities attorneys, who say a set of facts that fits more closely with the U.S. Supreme Court's landmark Kokesh decision could still deal a blow to the SEC's disgorgement power....

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