News

Marc Powers Discusses Disgorgement Decision on CNBC "Power Lunch" Show

News / September 15, 2017

Partner Marc Powers, national leader of the securities litigation and regulatory enforcement, and hedge fund industry teams, was a guest on CNBC’s “Power Lunch” program on June 6, 2017. Powers was commenting on the U.S. Supreme Court’s ruling in Kokesh v. Securities and Exchange Commission that disgorgement in a fraud case brought by the SEC is a penalty and is therefore subject to a five-year limitations period. Powers argued that there should be an obligation that the government bring fraud actions in a timely manner.

Watch the show.