How Courts Are Treating SEC Disgorgement 3 Years After Liu

By Amy Jane Longo and Brooke Cohen (June 21, 2023, 4:06 PM EDT) -- Three years have passed since the U.S. Supreme Court handed down Liu v. SEC, which held that the U.S. Securities and Exchange Commission can seek equitable disgorgement of defendants' net profits — less legitimate business expenses — provided it is for the benefit of harmed investors.[1]...

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