The high court ruled unanimously Friday, April 14, 2023, to allow challenges to the structure of both the Federal Trade Commission and the Securities and Exchange Commission to go forward in federal court. Friday to allow challenges to the structures of the Federal Trade Commission and the Securities and Exchange Commission to go forward in federal court. Lower courts had split on whether those challenges could proceed.
Both lawsuits were initially dismissed. Axon and Cochran appealed and while a federal appeals court in California said Axon's lawsuit could not go forward, a federal appeals court based in New Orleans said Cochran's case could move ahead.
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