Disgorgement

{
  "id": "MLC-T-LAW-001651",
  "term": "Disgorgement",
  "field": "Law",
  "definition": "The repayment of ill-gotten gains that were obtained through illegal or unethical acts. This remedy aims to prevent unjust enrichment by forcing a wrongdoer to give up profits derived from their misconduct. It is a common remedy in cases of securities fraud or breach of fiduciary duty, often ordered by courts or regulatory bodies like the Securities and Exchange Commission.",
  "url": "https://mlchart.com/terminology/law/disgorgement/"
}