U.S. Supreme Court,
Securities
Jun. 24, 2020
Opinion invites future battles on limits of SEC disgorgement
Liu v. SEC is likely only the beginning of the SEC’s challenges on this front, as it leaves unanswered thorny questions about how courts should apply the limitations outline in the opinion.
Thomas A. Zaccaro
Senior Counsel
Hueston Hennigan LLP
Phone: (213) 788-4039
Email: tzaccaro@hueston.com
Boston College Law School
Thomas is a partner in the firm's Litigation Department. He served as regional trial counsel in the SEC's Los Angeles office.
Nicolas Morgan
Partner
Paul Hastings LLP
Phone: (213) 683-6181
Email: nicolasmorgan@paulhastings.com
Nicolas is a partner in the firm's Litigation Department. He served as senior trial counsel in the SEC's Los Angeles office.
Kyle Jones
Associate
Paul Hastings LLP
515 S Flower St Fl 25
Los Angeles , California 90071
Phone: (213) 683-6189
Email: kylejones@paulhastings.com
Kyle is an associate in the firm's Litigation Department
Michael W. Mottweiler
Associate
Paul Hastings LLP
515 S Flower St
Los Angeles , California 90071
Phone: 213-683-6144
Email: michaelmottweiler@paulhastings.com
Michael is an associate in the firm's Litigation Department
On Monday, Justice Sonia Sotomayor, writing for an eight-justice majority in Liu v. SEC, 2020 DJDAR 6054, addressed several unanswered questions from the U.S. Supreme Court's unanimous 2017 decision in Kokesh v. SEC, 2017 DJDAR 5301: i.e., whether (i) "c...
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