Ladd v. Thomas

How courts have described this case

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

• concluding that an SEC administrative subpoena pertained to a legitimate law enforcement inquiry because the SEC was statutorily authorized to investigate such potential violations and the investigation was not “motivated by an illegitimate purpose”
• explaining that the investigating agency need not demonstrate the requested records are relevant to its investigation—it need only demonstrate that it has a reasomble belief that the records are relevant
• court must consider “whether the SEC has a reasonable belief that the requested documents are relevant to that inquiry”
• “Once a 8 person’s connection to apparently illicit conduct has been shown, it is relevant to know 9 whether that person’s bank account contains evidence of such conduct. . . . The SEC’s 10 task is to follow the money.”

Source: CourtListener parenthetical corpus (CC0).