disgorgement

[dis-gawrj-muhnt]

noun

1. the act of disgorging.

Example Sentences

District judge found McDonald and Hercules liable for violating federal securities law and ordered them to pay millions in disgorgement and civil penalties.

From Los Angeles Times

Because the attorney general didn't prove their reliance on the financial statements "to the extent necessary" under fraud law, she had "no business bringing an action to get disgorgement," he argued.

From Salon

If he did — and I think that is highly likely — this could seriously complicate collecting the nearly half a billion dollars Donald owes in disgorgement and interest.

From Salon

She says that's the appropriate amount the Trumps should pay in disgorgement, a financial penalty that involves paying back the money gained through fraudulent means.

From BBC

The New York Attorney General Letitia James told the court that $370m was the appropriate amount the Trumps should pay in disgorgement, a financial penalty that involves paying back the money gained through fraudulent means.

From BBC