Defendant’s Death Is No Deterrent to SEC Disgorgement Claim in Insider Trading Case, Judge Rules

A federal judge has ruled that the SEC could substitute the executor for the estate of Charles Wyly Jr. in an insider trading case against the now-deceased billionaire. The ruling establishes for the first time that the SEC can continue to seek disgorgement against defendants even after they have died.

View full post on Law.com – Newswire

, , , , , , , , ,

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Get Adobe Flash player
SEO Powered by Platinum SEO from Techblissonline
© 1992-2012 DC2NET™, Inc. All Rights Reserved