Treaty Energy Corp. (fka TECO)

[kanola]

And there win percentage is much less in a Federal Court than by a SEC In House Administrative Judge.

Not that much less. First of all, most SEC litigation settles. In fact, the vast majority of ALL civil lawsuits settle. The SEC just about always gets some or all of what it wants in settlements.

What ? ... 88 % minus 63 % = 25 %

That is far from being not much less

The S.E.C.’s track record in these proceedings is certainly impressive. Among cases filed in fiscal 2011, the most recent period for which all the matters have been decided, the agency won seven of the eight matters that went before an administrative law judge. That’s an 88 percent success rate.

In district court proceedings, the agency’s record is more mixed. Among cases filed that year, the S.E.C. won 7.5 out of 12, a 63 percent success rate. (The half-win represented a split decision.)