Priest Asks US Supreme Court to Bar SEC Penalty on Free Speech Grounds

…Jurors rejected the fraud claims but found he made three untrue statements, including by saying during a radio interview that Promacta was “literally going to go away” and that company representatives “basically agreed with him.”

The case is Lemelson v. Securities and Exchange Commission, U.S. Supreme Court, No. Unknown.

For Lemelson: Russell Ryan of New Civil Liberties Alliance; and Douglas Brooks of Libby Hoopes Brooks & Mulvey…

August 2, 2023

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Originally Published in Reuters