Securities and Exchange Commission v. John Naylor Clark, Iii, and Russell G. Van Moppes

How courts have described this case

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

• concluding that “the misappropriation theory fits comfortably” within “the notoriously vague” terms of section 10(b) and Rule 10b-5
• requiring defendant to disgorge the profits that his stockbroker made from unlaw- ful trades
• “It is well settled that a tipper can be required to disgorge his tippee’s profits”
• reliance not among elements for insider trading violations of Rule 10b — 5
• Disgorgement is a form of injunctive relief

Source: CourtListener parenthetical corpus (CC0).