( July 14, 2023, 8:31 AM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court denied investors’ petition seeking review of a Fifth Circuit U.S. Court of Appeals’ finding that defendants in a Securities and Exchange Commission enforcement action were not impermissibly denied their right to a live evidentiary hearing challenging the SEC’s calculation of disgorgement and civil penalty amounts, where the investors argued that both the district and appellate courts’ rulings are not in compliance with the Supreme Court’s ruling in Liu v. SEC....