Sripetch v. SEC · ¶54

The Seventh Amendment guarantees a jury trial for “the sort[s] of suit[s] historically adjudicated before common-law courts,” but not for “the stuff of equity . . . jurisdiction.” SEC v. Jarkesy, 603 U. S. 109, 151 (2024) (Gorsuch, J., concurring). When parties seek (among other things) money damages, monetary relief in legal restitution, or monetary penalties, they seek “prototypical” legal relief and are entitled to a jury trial under the Seventh Amendment. Id., at 123 (majority opinion). By contrast, when parties seek particular remedies that merely “return unjustly obtained funds” or “ `restore the status quo,' ” such as an accounting for profts or an injunction, they seek equitable relief beyond the scope of the Seventh Amendment. Ibid.

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