SEC v. Terraform: Even If Some Violations Occured Outside the U.S., the Court Has Jurisdiction

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The court has jurisdiction even if violations were committed outside of the U.S.

SEC v. Terraform Court Filing, retrieved on February 16, 2023, is part of . You can jump to any part in this filing . This is part 5 of 38. HackerNoon’s Legal PDF Series here JURISDICTION AND VENUE 17. The Court has subject matter jurisdiction over this action pursuant to Sections 20, 20 and 22 of the Securities Act, 15 U.S.C. §§ 77t, 77t and 77v, and Sections 21 and 27 of the Exchange Act, 15 U.S.C. §§ 78u and 78aa. 18.

In addition, this Court has personal jurisdiction over Defendants because Defendants engaged in conduct within the United States that constituted significant steps in furtherance of the violations of the federal securities laws alleged in this Complaint, even if some of the transactions at issue may have occurred outside the United States and involved foreign investors; and/or further because Defendants, whether within or outside of the United States, engaged in conduct that had a foreseeable...

 

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