Securities & Exchange Commission v. McCaskey

How courts have described this case

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

• finding that allowing estoppel defense to remain “would prejudice the SEC by needlessly lengthening and complicating the discovery process and trial of this matter’
• striking estoppel defense where defendants “offered nothing to suggest they detrimentally relied on any misrepresentation by the SEC, let alone that such reliance resulted in prejudice to their case of a constitutional magnitude”
• “[Section 21(g) ] has routinely been employed to dismiss third-party complaints and counterclaims because such additional claims protract litigation.” (internal citations omitted)
• Prejudice found where inclusion of a meritless defense would increase the time, expense and complexity of litigation.
• “An increase in the time, expense and complexity of a trial may constitute sufficient prejudice to warrant granting a plaintiff’s motion to strike.”
• officer and di rector bar

Source: CourtListener parenthetical corpus (CC0).