Disgorgement Liability in Securities Fraud Cases

, New York Law Journal


Amy Walsh, a partner at Morvillo LLP, analyzes the Second Circuit's recent decision in 'SEC v. Contorinis,' which held that a defendant in an insider trading case can be forced to disgorge not only the illicit profits he personally earned, but also the illegal profits earned by an innocent third party that the defendant did not control.

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202646962540

Thank you!

This article's comments will be reviewed.