There's simply no way to sugarcoat it.  It's just a reeeeeeeeeaaaallllllly bad day as an SEC attorney when:

(a) you lose your insider trading case on summary judgment because the court finds that the SEC's complaint fails even to raise a genuine issue of material fact worth taking to a jury, and

(b) a federal judge writes (see footnote 3 in this opinion) that your inability to use quotation marks properly is "not unlike Britney Spears...."  According to the Honorable C.N. Clevert, Jr. of the U.S. District Court for the Eastern District of Wisconsin,

By putting the word “tour” in quotes, the SEC indicates that Krueger used that word in his testimony – a misleading indication, at best. Perhaps the SEC is not unlike Britney Spears in its inability to use quotation marks correctly. In her now-infamous interview with Matt Lauer, the erstwhile pop star said, “I think 90 percent of the world agrees that the tabloids have kind of gone a little ‘far’ with me lately.” Interview by Matt Lauer with Britney Spears in L.A., Cal. (June 15, 2006) (putting the word “far” in air quotes). See also US Weekly Magazine, http://www.usmagazine.com/blog/category/air-quotes/ (“As evidenced in her Dateline interview, [Britney Spears] has a knack for misusing air quotes, placing them in between words or around the wrong ones.”)

Thanks to the WSJ Law Blog for tracking this down.