Charles C. Liu, et al., Petitioners v. Securities and Exchange Commission

  1. January 22, 2020

    Congress Weighs In On SEC Disgorgement Power Challenge

    Two dozen members of Congress told the U.S. Supreme Court on Wednesday that stripping the U.S. Securities and Exchange Commission's power to seek disgorgement in civil cases would upend decades of legislation and buck sound precedent undergirding the nation's securities laws.

  2. January 16, 2020

    SEC Urges Justices Not To Cuff Its Disgorgement Power

    The U.S. Securities and Exchange Commission told the U.S. Supreme Court that closing off the agency's ability to obtain disgorgement in federal court cases would throw a wrench into enforcing securities law, pushing back against challengers that argue such relief strays beyond the bounds of the agency's statutory authority.

  3. January 01, 2020

    Securities Litigation To Watch In 2020

    In 2020, securities attorneys will be following a U.S. Supreme Court case that will decide the scope of the U.S. Securities and Exchange Commission's disgorgement powers and an appeal before the Second Circuit concerning price maintenance theory.

  4. December 19, 2019

    The Biggest Securities Cases Of 2019

    From a Supreme Court ruling broadening the scope of liability in spreading false information, to a circuit court ruling on corporate codes of conduct, the federal courts reshaped securities litigation and regulation in 2019.  Here, Law360 highlights some of the biggest decisions and developments affecting securities law this past year.

  5. December 17, 2019

    Justices Told SEC Will Be Fine With Curbed Disgorgement

    A husband and wife challenging the U.S. Securities and Exchange Commission's authority to seek disgorgement in federal court cases have told the U.S. Supreme Court that the agency's enforcement program won't be missing much if that authority is ruled off-limits.

  6. November 05, 2019

    SEC Disgorgement Could Survive A High Court Defeat

    The U.S. Supreme Court recently agreed to review the U.S. Securities and Exchange Commission's authority to seek disgorgement in federal court, but there's a chance that any negative outcome for the securities regulator will be temporary.

  7. November 01, 2019

    Supreme Court To Review SEC's Right To Seek Disgorgement

    The U.S. Supreme Court agreed Friday to hear a case challenging the U.S. Securities and Exchange Commission's authority to seek disgorgement.

  8. June 03, 2019

    Couple Urges High Court To Undo $35M EB-5 Fraud Judgment

    A couple accused of scamming Chinese immigrant investors out of millions has urged the U.S. Supreme Court to undo a $35 million judgment against them, arguing that the U.S. Securities and Exchange Commission does not have the authority to ask courts for disgorgement under high court precedent.