Securities & Exchange Commission v. Pentagon Capital Management PLC

How courts have described this case

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

• holding that a civil penalty may not be imposed jointly and severally
• holding that a civil penalty may not be imposed jointly and severally
• affirming that traders’ fraudulent activities independently satisfied the requirement of scheme liability under Rule 10b-5(a) and (c)
• affirming that traders’ fraudulent activities independently satisfied the requirement of scheme liability under Rule 10b-5(a) and (c)
• holding parties could not be held joint and severally liable for civil penalty
• holding parties could not be held joint and severally liable for civil penalty

Source: CourtListener parenthetical corpus (CC0).