United States Leading Case penalty vs restitutiondisgorgementlimitations

Kokesh v SEC

581 US 455 (2017)

JurisdictionUnited States

CourtSupreme Court of the United States

Year2017

StatusBinding authority

Key Principle

SEC disgorgement actions are subject to the five-year statute of limitations under 28 USC §2462 because disgorgement is a penalty, not equitable relief.

Area of Law

corporate

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