#disgorgement

[ follow ]
fromArs Technica
7 hours ago

Judge gives Musk bad news, says Trump hasn't intervened to block SEC lawsuit

Whether Musk can defeat the SEC lawsuit without Trump's intervention remains to be seen as the lawsuit advances. In her opinion, the judge found that the government's interest in requiring disclosures to ensure fair markets outweighed Musk's fears that disclosures compelled speech revealing his "thoughts" and "strategy." Accepting Musk's arguments would be an "odd" choice to break "new ground," she suggested, as it could foreseeably impact a wide range of laws.
Law
US news
fromBloomberglaw
2 days ago

Google Stuck With $425.7 Million Verdict in Privacy-Switch Case

Google must pay $425.7 million for breaking promises not to share user data, but will not face disgorgement or the billions in additional recovery sought by plaintiffs.
[ Load more ]