High Court Won’t Hear Case To Address Disgorgement, Materiality Questions

( June 10, 2025, 1:55 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court decided not to grant certiorari to an investment officer and his investment firm asking the court to address questions regarding an award of disgorgement and the materiality of alleged misrepresentations under the Investment Advisors Act of 1940....