Federal Judge Criticizes SEC “No-Admit-No-Deny Provisions” in Enforcement Action Settlements

No matter how weak, or strong, the allegations in the complaint may be—indeed, even if the testimony of key witnesses proves to be false—if defendants ever consider publicly defending themselves, the No-Admit-No- Deny Provision prevents them from doing so.

https://reason.com/volokh/2022/10/28/federal-judge-criticizes-sec-no-admit-no-deny-provisions-in-enforcement-action-settlements/#more-8209001

Leave a Reply

Your email address will not be published. Required fields are marked *