DoD Seeks Changes to the Program Fraud Civil Remedies Act
Client Alert | less than 1 min read | 04.26.16
On April 12, 2016, DoD sent its legislative proposal package to Congress and requested (in section 805) changes to the Program Fraud Civil Remedies Act to create, in DoD’s view, a more viable administrative remedy for fraud and false claims totaling less than $500,000. In addition to increasing the ceiling on false claims allegations that can be brought under the PFCRA, DoD seeks to place the decision of whether adequate evidence of liability exists in the hands of suspending and debarring officials, raising for contractors serious concerns, some of which are summarized in the associated blog post.
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Client Alert | 6 min read | 06.09.26
Is Stock-a-palooza Over? Supreme Court allows SEC to Pursue Disgorgement
On June 4, 2026, the U.S. Supreme Court unanimously held that the U.S. Securities and Exchange Commission (SEC) can continue to pursue disgorgement as an equitable remedy in securities fraud cases without showing pecuniary loss by investors. The Court’s ruling in Sripetch v. SEC resolves a split between the U.S. Court of Appeals for the Second Circuit, which concluded that the SEC must demonstrate pecuniary loss, and the U.S. Courts of Appeals for the First and Ninth Circuits, which declined to require such a showing.
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