High Court Lets Disgorgement Award In SEC Enforcement Case Stand

Mealey's ( June 5, 2023, 12:02 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court denied review on June 5 of a Seventh Circuit U.S. Court of Appeals opinion affirming a district court’s disgorgement award against a man for his alleged role in a financial scheme that defrauded investors in a civil enforcement action brought by the Securities and Exchange Commission....