Securities and Exchange Commission v. George

How courts have described this case

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

• suggesting that not being an employee of the issuer weighs against broker status
• affirming order requiring relief defendant to disgorge ill-gotten gains spent on car lease and for “unspecified purposes”
• affirming disgorgement of gifted diamond ring because it was obtained with proceeds of fraud
• deciding broker question on summary judgment
• “A relief defendant (sometimes referred to as a nominal defendant) may ‘be joined to aid the recovery of relief’ and ‘has no ownership interest in the property which is the subject of litigation.’”

Source: CourtListener parenthetical corpus (CC0).