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- Benefits obtained in an evil manner or by dishonest means, as in They duped their senile uncle into leaving them a fortune and are now enjoying their ill-gotten gains.
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Oct 24, 2021 · Disgorgement is a legal statute that seeks to make whole those harmed financially by returning ill-gotten funds from the wrong-doer to the harmed parties.
Benefits obtained in an evil manner or by dishonest means, as in They duped their senile uncle into leaving them a fortune and are now enjoying their ill-gotten gains . [Mid-1800s]
Dec 5, 2023 · This is known as “disgorgement.” Disgorgement is intended to make victims whole. That means interest on the “ill-gotten gains” (as they’re commonly described) and possibly penalties to be paid directly to the victims (as opposed to the government) are often part of the disgorgement. How the disgorgement amount is determined.
Aug 9, 2021 · As courts, the Securities and Exchange Commission and defendants wrangle with new limits on the SEC’s authority to seek disgorgement of ill-gotten gains, one question has...
Grammar Reference. Idioms. Ill-gotten gains meaning. What does the saying 'Ill-gotten gains' mean? Idiom: Ill-gotten gains. Meaning: Ill-gotten gains are profits or benefits that are made either illegally or unfairly. Country: International English | Subject Area: Money | Usage Type: Both or All Words Used. Contributor: Richard Flynn.
Aug 31, 2022 · Level 3 established the interpretive principle that “loss” within the meaning of an insurance policy does not include the restoration of an ill-gotten gain. 8. In Level 3, former shareholders of a company brought a securities fraud lawsuit against Level 3, alleging that Level 3 acquired shares in the company under false pretenses. Their ...
Ill-gotten gains are money or other valuable things that someone gets illegally or in a way that is not morally good. They needed to find a route out of the country for their ill-gotten gains.Many museums are returning their ill-gotten gains. See also: gain.
