Fed. Sec. L. Rep. P 96,186 Securities and Exchange Commission v. Bausch & Lomb Incorporated and Daniel G. Schuman

How courts have described this case

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

• “it is highly unlikely” that violation will recur where defendant was “terribly upset by his error, and candidly expressed this.”
• SEC must prove recklessness, not merely negligence, in 10b-5 action after Hochfelder
• denying injunction based in part on defendant’s sincere remorse

Source: CourtListener parenthetical corpus (CC0).