Ongkaruck Sripetch

individual

Last mentioned: 20h ago

Timeline

  1. Sripetch v. SEC Decision

    Supreme Court unanimously holds SEC need not prove financial losses for disgorgement.

  2. Ninth Circuit Decision

    Ninth Circuit rules pecuniary harm not required (154 F.4th 980).

  3. Liu v. SEC

    Supreme Court requires disgorgement be awarded for victims.

  4. Kokesh v. SEC

    Supreme Court holds disgorgement subject to five-year statute of limitations.

Stories mentioning Ongkaruck Sripetch 1

Court Decisions Neutral

SCOTUS Expands SEC Disgorgement: $4.1M Award Upheld Without Loss Proof

The Supreme Court’s June 4, 2026 decision in Sripetch v. SEC removes the pecuniary-loss requirement for disgorgement, resolving a circuit split and strengthening the Commission’s enforcement posture. The ruling directly affects how securities-fraud defendants negotiate and litigate equitable remedies. Legal practitioners must now reassess defense strategies and compliance exposure in microcap and pump-and-dump matters.

2 sources

About Ongkaruck Sripetch coverage

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