Fed. Sec. L. Rep. P 93,072 Securities and Exchange Commission v. Texas Gulf Sulphur Company, a Texas Corporation

How courts have described this case

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

• noting that disgorgement of a non-profiting tipper was appropriate since “implied understandings could arise under which reciprocal tips between insiders in different corporations could be given”
• “It would severely defeat the purposes of the [Exchange] Act if a violator of Rule 10b-5 were allowed to retain the profits from his violation”
• no jury trial when Secretary of Labor seeks past due minimum wages under the Fair Labor Standards Act
• SEC’s power not limited to injunctive relief; disgorgement was remedial in nature
• “restitution of the profits on these [illegal] transactions ...”
• order requiring Eddie Antar to repatriate assets

Source: CourtListener parenthetical corpus (CC0).