Liu v. Securities and Exchange Commission
id:
liu-v-securities-and-exchange-commission-318-15144477
title:
Liu v. Securities and Exchange Commission
text:
Liu v. Securities and Exchange Commission, 591 U.S. 71 (2020), is a US Supreme Court case related to disgorgement awards sought by the Securities and Exchange Commission (SEC) for fraudulent activities. The Court ruled in an 8–1 decision that such disgorgement awards can be awarded by the courts as equitable relief under the Securities Act of 1933, 15 U.S.C. § 78u(d)(5), but they are limited to the wrongdoer's net profits and must be awarded for victims.
brand slug:
wiki
category slug:
encyclopedia
description:
2020 United States Supreme Court case
original url:
https://en.wikipedia.org/wiki/Liu_v._Securities_and_Exchange_Commission
date created:
date modified:
2024-04-24T16:54:04Z
main entity:
{"identifier":"Q97355953","url":"https://www.wikidata.org/entity/Q97355953"}
image:
fields total:
13
integrity:
14