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Disgorgement(Law)

04/05/2010 by admin

A repayment of ill-gotten gains that is imposed on wrong-doers by the courts. Disgorgement is the forced giving up of profits obtained by illegal or unethical acts. Funds that were received through illegal or unethical business transactions are disgorged, or paid back, with interest to those affected by the action. A court may order wrongdoers to pay back illegal profits, with … [Read more...]

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