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    Supreme Court Rejects Investor Loss Requirement for SEC Disgorgement governance corpgov.law.harvard.edu

On June 4, 2026, the US Supreme Court held that the Securities and Exchange Commission (SEC) need not prove that investors suffered actual financial loss to obtain disgorgement in a civil action. In a unanimous opinion authored by Justice Neil Gorsuch, Sripetch v. SEC, the Court reached this conclusion by relying on “traditional equitable principles,” […]

Source: Harvard Law School Forum on Corporate Governance

Published: 2026-07-31T11:32:18Z