Disgorgement

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Disgorgement

Stolen money that must be repaid to victims of theft, fraud, or some other financial crime. That is, when a person or business has made profits through illegal or unethical means, it must pay disgorgement plus interest to all victims in so far as it is possible. This is done to attempt to restore the status quo before the illegal or unethical actions were committed. The perpetrator must pay disgorgement over and above any punitive damages that have been assessed.
References in periodicals archive ?
relief," including disgorgement, to bolster its enforcement
investors in lieu of the SEC ordering them to pay disgorgement.
one party liable in disgorgement for the improper profits of another,
The first is a self-study of a sample of disgorgement funds created
measure of the disgorgement remedy is the ill-gotten gain from the
Gutbrod: $80,000 fine, $51,465 disgorgement, and a 17-month suspension.
Hochleutner: $65,000 fine, $27,286 in disgorgement, and a two-year suspension, 10 months of which are in all capacities.
Yoon: $50,000 fine, $33,535 in disgorgement, and a 14-month suspension.