Supreme Court: SEC May Seek Disgorgement of Profits Without Proving Investor Loss (opens in new tab)

The Supreme Court’s unanimous decision resolves a significant question regarding the SEC’s disgorgement authority, foreclosing defendants from contesting disgorgement awards based on the absence of investor financial harm. On June 4, 2026, the Supreme Court unanimously held in Sripetch v. Securities and Exchange Commission that the SEC need not prove that investors suffered pecuniary loss […]