Securities & Exchange Commission v. Yun

How courts have described this case

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

• noting that the defendant “engaged in misstatements to. SEC investigators in order to obfuscate any misconduct”
• noting that the “twin aims” of a civil penalty are deterrence and punishment
• imposing civil penalty of $100,000 despite SEC request for $807,000 penalty and defendant’s “significant levels of misconduct” because defendant’s net worth was only $264,282
• finding this factor weighed against an injunction because it was a first-time violation for trades that occurred within a three-day time period
• imposing $100,000 civil penalty despite SEC’s request for $807,000 due to defendant’s low net worth
• in awarding prejudgment interest for securities violations, “[cjourts have adopted the IRS underpayment rate without controversy.”

Source: CourtListener parenthetical corpus (CC0).