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Liu v. Securities and Exchange Commission

140 S. Ct. 1936 · Decided June 22, 2020 · Supreme Court of the United States

Record summary. This page is generated from the Supreme Court Database’s coded data about the case. It describes who decided what, not the Court’s reasoning. Read the opinion itself before relying on it. Not legal advice.

At a glance

Liu v. Securities and Exchange Commission was decided on June 22, 2020 by a vote of 8–1. The Court vacated the lower court's decision and remanded the case. Justice Sonia Sotomayor wrote the opinion of the Court. SCDB classifies its main issue as “Securities regulation” in the Economic Activity area.

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Case details

Citations
140 S. Ct. 1936 · 207 L. Ed. 2d 401 · 2020 U.S. LEXIS 3374
Docket number
18-1501
Decided
June 22, 2020
Argued
March 3, 2020
Court era
Roberts Court
Decision type
Opinion of the Court (orally argued)
Disposition
Vacated and remanded
Outcome for petitioner
The petitioning party received a favorable disposition
Vote
8–1
Majority opinion
Sonia Sotomayor
Opinion assigned by
John G. Roberts Jr.
How the case arrived
Certiorari
Legal provision
Securities Act of 1933, Securities Exchange Act of 1934, or Williams Act
Type of law
Federal statute
Decision direction (SCDB)
Conservative what this means

How the Justices voted

Full case caption

Liu v. Securities and Exchange Commission

SCDB identifiers: case 2019-072, docket 2019-072-01.

Other cases on “Securities regulation”

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Cases on the same legal provision: Securities Act of 1933, Securities Exchange Act of 1934, or Williams Act

Same Term, same area (Economic Activity)

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Source: Supreme Court Database, 2026 Release 01 (data file dated September 8, 2026). Imported into CaseTrail November 5, 2026. Coverage: decisions from the 1946 through 2025 Terms. Methodology · Report an error