Remaining $75.2M From Long-Running SEC Enforcement Action Goes To U.S. Treasury

( November 22, 2024, 1:49 PM EST) -- NEW YORK — A federal judge in New York granted the Securities and Exchange Commission’s motion to transfer the remaining $75,232,529.11 from a long-running insider trading enforcement action to the U.S. Treasury, denying a pharmaceutical company’s cross-motion seeking transfer of the funds to itself as a victim entitled to disgorgement under the fair funds statute....