The Jarkesy ruling held that SEC penalties for securities fraud violate the Seventh Amendment’s jury trial right because they are legal in nature. This has led courts to reconsider IRS penalties, with ...

On April 17, 2025, the Fifth Circuit issued an opinion (“Op.”) holding unconstitutional a Federal Communications Commission (FCC or Commission) enforcement order. In that order, the Commission imposed ...

The U.S. Supreme Court’s decision in Securities and Exchange Commission v. Jarkesy, 144 S. Ct. 2117 (2024) held that when the SEC seeks civil penalties to punish and deter wrongful conduct, the ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. The Seventh Amendment of the U.S. Constitution provides ...

In a Report of Foreign Bank and Financial Accounts (FBAR) proceeding, a district court dismissed the government’s suit to enforce FBAR penalties, holding that the government had violated the ...

In SEC v. Jarkesy, the Securities and Exchange Commission brought legal action against George Jarkesy, seeking $300,000 in civil penalties for securities fraud. In June of 2024, the U.S. Supreme Court ...

The Supreme Court ruled this year that companies facing civil money penalties have the right to request a jury trial. The ruling is going to change the way regulators and companies think about ...

September 04, 2024 - The Supreme Court closed out the 2023 term with two opinions that offer new opportunities for health care and life sciences companies facing enforcement actions. First, in Jarkesy ...