Jurisdiction Argument Properly Raised In Securities Fraud Case, Company Says

(March 3, 2023, 10:24 AM EST) -- WASHINGTON, D.C. — The government’s argument that a company and its CEO forfeited their corporate tag jurisdiction claim based on their contention that they were improperly served with subpoenas by the Securities and Exchange Commission in connection with the agency’s investigation into allegations of securities fraud fails because they raised the exact issue both on appeal to the Second Circuit U.S. Court of Appeals and in federal district court, the company and CEO argue in a reply brief filed in the U.S. Supreme Court....