At issue is a legal principle known as " disgorgement, " which the Justice Department is using in order to seize the profits.
32.
Philip Morris USA and the other cigarette makers disagree with the government's use of disgorgement as a legal remedy in the case.
33.
In the absence of penalties, the SEC may instead use a "'Disgorgement Plan "'to distribute the disgorgement.
34.
In the absence of penalties, the SEC may instead use a "'Disgorgement Plan "'to distribute the disgorgement.
35.
The SEC says it is seeking " disgorgement " of $ 6.5 million in illegal profits from Maschler and the others.
36.
Some observers say a $ 280 billion " disgorgement " of alleged " ill-gotten gains " would drive the tobacco industry into bankruptcy.
37.
With years of interest, the total has grown to around $ 75 million-- the largest SEC disgorgement payment ordered outside a negotiated settlement.
38.
The SEC said it would seek injunctive relief, penalties and disgorgement, a request common in such proceedings to refund investors for any lost profits.
39.
With years of interest, the total has grown to around $ 75 million-- the largest SEC disgorgement payment ever ordered outside a negotiated settlement.
40.
"Ordering disgorgement of the profits of wrongdoing falls within the historic scope of a court's injunctive authority, " the SEC said.
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