Second Circuit Limits Criminal Restitution Orders Under The Mandatory Victims Restitution Act: Expenses Associated With SEC Investigations Are Not Recoverable - Corporate/Commercial Law
On Feb. 25, 2022, the U.S. Court of Appeals for the Second Circuit held in United States v. Afriyie that restitution orders under the Mandatory Victims Restitution Act (MVRA) do not allow victims to recover attorneys' fees associated with related Securities and Exchange Commission (SEC) investigations.
Source: mondaq.com