Month: June 2026
Supreme Court Rejects Investor Loss Requirement for SEC Disgorgement
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 […]
DOJ Seeks to Accelerate Review of Benefits-Fraud False Claims Act Cases
The Department of Justice (DOJ) recently announced a significant procedural shift for False Claims Act (FCA) investigations involving alleged fraud against federally funded, state-administered benefits programs. On May 27, 2026, Assistant Attorney General Brett Shumate issued a memorandum directing DOJ attorneys to expedite review of qui tam complaints alleging benefits […]