Editor's Note :

Editor's Note :

We expect orders from the February 24 conference on Monday at 9:30 a.m. There is a possibility of opinions on Wednesday, March 1.

Gabelli v. Securities and Exchange Commission

Docket No. Op. Below Argument Opinion Vote Author Term
11-1274 2d Cir. Jan 8, 2013
Tr.Aud.
Feb 27, 2013 9-0 Roberts OT 2012
 
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Holding: The five-year statute of limitations for the SEC to bring a civil suit seeking penalties for securities fraud against investment advisers begins to tick when the fraud occurs, not when it is discovered.

Plain English Summary:

Judgment: Reversed and remanded, 9-0, in an opinion by Chief Justice Roberts on February 27, 2013.

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Holding: The five-year statute of limitations for the SEC to bring a civil suit seeking penalties for securities fraud against investment advisers begins to tick when the fraud occurs, not when it is discovered.   JudgmentReversed and remanded, 9-0, in an opinion by Chief Justice Roberts on February 27, 2013.
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