Treaty Energy Corp. (fka TECO)

[kanola]

Yep ... Backside facts are the SEC wins about 70 % of the cases in Federal Court. Not the more than 90% all around that began this thread.

Quote of Janice Shell # 93440

The SEC, like the DOJ, wins more than 90% of its cases, either in court or in a settlement.

From Kanolas Post # 93443

Quote:

The SEC won against 90% of defendants before its own judges in contested cases from October 2010 through March of this year, according to the Journal analysis. That was markedly higher than the 69% success the agency obtained against defendants in federal court over the same period, based on SEC data.


http://www.wsj.com/articles/sec-wins-with-in-house-judges-1430965803

The Securities and Exchange Commission is increasingly steering cases to hearings in front of the agency’s appointed administrative judges, who found in its favor in every verdict for the 12 months through September, rather than taking them to federal court.

http://www.wsj.com/articles/sec-is-steering-more-trials-to-judges-it-appoints-1413849590

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.)

http://www.nytimes.com/2013/10/06/business/at-the-sec-a-question-of-home-court-edge.html?_r=0