Securities & Exchange Commission v. Marker

How courts have described this case

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

• finding a third tier civil monetary penalty of $500,000 against a defendant and his company to be appropriate where “[defendants’ actions were both fraudulent and deceitful and resulted in losses to individual investors of over $4.6 million”
• “A civil penalty is necessary because disgorgement merely requires the return of illegal profits; it does not impose an actual economic penalty as a deterrent to violations of the securities laws.”

Source: CourtListener parenthetical corpus (CC0).