No. 22-1073

Team Resources Incorporated, et al. v. Securities and Exchange Commission

Lower Court: Fifth Circuit
Docketed: 2023-05-04
Status: Denied
Type: Paid
Response Waived
Tags: civil-penalty disgorgement due-process eighth-amendment evidentiary-hearing federal-court securities-and-exchange-commission securities-law
Key Terms:
DueProcess FifthAmendment Takings Punishment Securities Privacy
Latest Conference: 2023-06-22
Question Presented (AI Summary)

Whether a federal court may grant a disgorgement request from the Securities and Exchange Commission without granting a defendant's request for a live evidentiary hearing, and whether the civil penalty imposed below violates the Eighth Amendment to the United States Constitution

Question Presented (OCR Extract)

QUESTION PRESENTED Whether a federal court may grant a disgorgement request from the Securities and Exchange Commission without granting a defendant’s request for a live evidentiary hearing, and whether the civil penalty imposed below violates the Eighth Amendment to the United States Constitution.

Docket Entries

2023-06-26
Petition DENIED.
2023-06-06
DISTRIBUTED for Conference of 6/22/2023.
2023-06-02
Waiver of right of respondent Securities and Exchange Commission to respond filed.
2023-05-01
Petition for a writ of certiorari filed. (Response due June 5, 2023)

Attorneys

Securities and Exchange Commission
Elizabeth B. PrelogarSolicitor General, Respondent
Team Resources Incorporated, et al.
Jacob Shaye FrenkelDickinson Wright PLLC, Petitioner