Donald Hateley, the Cambridge Group, and Wendy Seretan v. Securities and Exchange Commission

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that the petitioners’ “unjust enrichment” was limited to the fees they actually retained
• holding that the disgorgement judgment is not “a fine levied against the petitioners as pun- ishment for their conduct” but rather “is the means by which the petition- ers are required to remedy the unjust enrichment”
• the proper disgorgement amount is the amount of commissions retained by Prime Atlantic, rather than the total amount received

Source: CourtListener parenthetical corpus (CC0).