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- Disgorgement is a legal remedy or penalty used in US securities law12. It is defined by Black's Law Dictionary as "the act of giving up something (such as profits illegally obtained) on demand or by legal compulsion"1. Disgorgement seeks to make whole those harmed financially by returning ill-gotten funds from the wrong-doer to the harmed parties2. It is often enforced by regulatory bodies such as the SEC2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
(July 2012) Click for important translation instructions. Disgorgement is defined by Black's Law Dictionary as "the act of giving up something (such as profits illegally obtained) on demand or by legal compulsion." [1] Disgorgement is a remedy or penalty used in US securities law.
en.wikipedia.org/wiki/DisgorgementDisgorgement is a legal statute that seeks to make whole those harmed financially by returning ill-gotten funds from the wrong-doer to the harmed parties. This sort of civil remedy seeks to prevent unjust enrichment is often enforced by regulatory bodies such as the SEC.
www.investopedia.com/terms/d/disgorgement.asp - definition
- noun form of disgorge
verbdisgorge (verb) · disgorges (third person present) · disgorged (past tense) · disgorged (past participle) · disgorging (present participle)- (of a building or vehicle) discharge (the occupants):"an aircraft disgorging paratroopers"Opposite:
- eject (food) from the throat or mouth.
- yield or give up (funds, especially funds that have been dishonestly acquired):"they were made to disgorge all the profits made from the record"Opposite:
- (of a river) empty into a sea:"the Nile disgorges into the sea at Rashid"
- (be disgorged)remove the sediment from (a sparkling wine) after fermentation:"the wine is aged in the bottle before it is disgorged"
Originlate 15th century: from Old French desgorger, from des- (expressing removal) + gorge ‘throat’. disgorgement | Wex | US Law | LII / Legal Information Institute
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Disgorgement is the act of giving up something such as the profits obtained by illegal or unethical acts on demand or by legal compulsion. Court can order wrongdoers to pay back illegal profits to prevent unjust enrichment. See an …
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Mar 19, 2024 · Disgorgement is a legal remedy to repay ill-gotten gains to affected parties. Enforced by regulatory bodies like the SEC, it aims to make victims whole. Challenges exist in achieving fair and full disgorgement, often …
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· What is Disgorgement? In legal terms, disgorgement is an action where something is given up – namely, profits – because they were obtained illegally or unethically. The court system orders the individual or …Up to3.2%cash backDisgorgement Definition - Law Insider
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