PennMont Securities v. Frucher

How courts have described this case

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

• “Typically, when a litigant refuses to exhaust the available administrative remedies provided by the Exchange Act, a district court may not exercise jurisdiction over the case.”
• “[An] ‘extraordi‐ nary’ exception[] to the exhaustion requirement [is] … ‘when the administrative procedure is clearly shown to be inade‐ quate to prevent irreparable injury … .’” (citation omitted)
• noting SEC administrative remedies provided for in statute

Source: CourtListener parenthetical corpus (CC0).