Gabelli v. Securities and Exchange Commission
|Docket No.||Op. Below||Argument||Opinion||Vote||Author||Term|
Jan 8, 2013
|Feb 27, 2013||9-0||Roberts||OT 2012|
Holding: The five-year statute of limitations for the SEC to bring a civil suit seeking penalties for securities fraud against investment advisers begins to tick when the fraud occurs, not when it is discovered.
Plain English Summary:
Judgment: Reversed and remanded, 9-0, in an opinion by Chief Justice Roberts on February 27, 2013.
- Opinion analysis: That which does not kill the SEC may make the agency stronger (Jonathan Macey)
- Argument recap: We’re from the government and we’re here to win (Jonathan Macey)
- Argument preview: Too bad both sides can't lose this one (Jonathan Macey)
- Six new grants, redistricting ruling (Lyle Denniston)
- Petition of the day (Matthew Bush)