Court broadens SEC power to recoup fraud profits
The Supreme Court upheld a broad reading of the SEC’s authority to disgorge ill-gotten gains in securities fraud cases, reinforcing the agency’s power to recoup profits for investors.
Tag
Recoupment
All articles tagged with #recoupment
Death Becomes Her Closes Broadway Run After Failing to Recoup Investment
Death Becomes Her, the Broadway musical adaptation of the 1992 film, will close its Broadway run at the Lunt-Fontanne Theatre on June 28, 2026 after not recouping an estimated $31.5 million capitalization; the production played 20 months, with about 650 performances and roughly 900,000 tickets sold, and earned 10 Tony Award nominations. A multi-year North American tour will launch this September, beginning in Cleveland at Playhouse Square, continuing the show’s life beyond Broadway. The cast included Betsy Wolfe, Jennifer Simard, Christopher Sieber, and Michelle Williams.
Radcliffe-Headlined One-Man Broadway Hit Finally Recoups Its Cost
Daniel Radcliffe’s one-man Broadway show Every Brilliant Thing recouped its $5.75 million production cost after 10 weeks on Broadway, opening March 12 at the Hudson Theatre and extending through June 28; Radcliffe departs May 24 with Mariska Hargitay set to take over. The Edinburgh Fringe-originated piece, which invites audience participation and follows a man who lists “brilliant things” to lift his suicidal mother’s spirits, earned two Tony nominations (best play revival and lead actor) and has been praised for Radcliffe’s energetic, earnest performance as one of the season’s top-grossing plays.
Government Error May Cut Your Social Security Benefits This Month
The Social Security Administration will start recouping overpayments by deducting up to 50% from monthly benefits, potentially reducing recipients' payments starting in August, with options to appeal or request lower recovery rates; this policy change does not affect Supplemental Security Income benefits.