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Team Resources Inc. v. Securities and Exchange Commission

Petition for certiorari granted, judgment vacated and case remanded to the U.S. Court of Appeals for the 5th Circuit for further consideration in light of Liu v. Securities and Exchange Commission, on July 2, 2020

Docket No.19-978
Op. Below5th Cir.

Issue

Whether the Securities and Exchange Commission may seek and obtain disgorgement from a court as "equitable relief" for a securities law violation.

Proceedings & orders timeline

Feb 3, 2020
Petition for a writ of certiorari filed. (Response due March 5, 2020)
Mar 5, 2020
Brief of respondent Securities and Exchange Commission in opposition filed.
Mar 25, 2020
DISTRIBUTED for Conference of 4/17/2020.
Jun 22, 2020
DISTRIBUTED for Conference of 6/25/2020.
Jun 29, 2020
DISTRIBUTED for Conference of 7/1/2020.
Jul 2, 2020
Petition GRANTED. Judgment VACATED and case REMANDED for further consideration in light of Liu v. SEC, 591 U. S. ___ (2020).
Aug 3, 2020
JUDGMENT ISSUED.

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