Regnante v. Securities & Exchange Officials

OPINION AND ORDER

KATHERINE POLK FAILLA, District Judge:

The parties to this litigation agree on certain underlying facts: The case stems from an accounting scandal involving Ag-Feed Industries, Inc. (“AgFeed”), and, more specifically, AgFeed’s agricultural operations in China. Investigation into these accounting irregularities culminated in a March 2014 enforcement action brought against AgFeed by the Securities and Exchange Commission (the “SEC” or “Commission”), which, in turn, yielded an $18 million disgorgement penalty (the “Ag-Feed Sanction”). After AgFeed sought protection in the…