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disgorged 2.6 million, that means just losing the ill-gotten gains. It's not fair to call that "lost".
by ycombobreaker 5y ago
disgorged 2.6 million, that means just losing the ill-gotten gains. It's not fair to call that "lost".
- loeg 5y agoNo. $2.6M "in disgorgement, interest and penalties." The ill-gotten gains were only $1.4M. They had to pay back their gains, pay additional fees, and one of them serves jail time. They did not get away with anything.
- viraptor 5y agoIf they kept the $2.6M in a liquid saving account just for cases like this one, yeah, that wouldn't be so bad. But I don't expect that's the case and in practice that could mean for example losing her house.