Description

The Securities and Exchange Commission today announced the leadership of the agencys trial unit. Bridget Fitzpatrick has been named Chief Litigation Counsel of the SEC and David Gottesman will continue to serve as the agencys Deputy Chief Litigation Counsel.

Since December 2016, Ms. Fitzpatrick and Mr. Gottesman have served as Co-Acting Chief Litigation Counsel. In that role, they were jointly responsible for supervising the trial unit at the agencys Washington D.C. headquarters as well as coordinating with litigators in the SECs 11 regional offices around the country. In her new role, Ms. Fitzpatrick will oversee the agencys national litigation program and, as Deputy, Mr. Gottesmans responsibilities will include oversight of all trial lawyers in the SECs Washington, D.C., headquarters.

Ms. Fitzpatrick previously served as a supervisor and a trial lawyer in the SECs Enforcement Division, where she supervised the litigation of several successful cases and tried highly complex matters such as the Commissions charges against the Chairman and Vice Chairman of the Board of Directors of Michaels Stores, Samuel and Charles Wyly, and former Goldman Sachs banker Fabrice Tourre. In recognition of her contributions to the SECs litigation program, she has twice received the Chairmans Award for Excellence, and also received the Arthur F. Flemming Award for excellence in public service for her role as lead trial counsel in the Commissions action against the Wyly brothers.

As Deputy Chief Litigation Counsel, Mr. Gottesman has managed and advised the agencys nationwide trial unit on litigation strategies and trial preparation. He previously served as a supervisor and a trial lawyer in the SECs Enforcement Division, where he litigated cases involving accounting and disclosure fraud, market manipulation, offering frauds, and insider trading.

The combination of Bridgets impressive track record and strong judgment on litigation and trial strategy will serve the Divisions national litigation program well, said Stephanie Avakian, Co-Director of the SECs Enforcement Division. And I am pleased that David is going to substantially broaden his role by overseeing more than 40 trial lawyers and continuing to bring his significant securities expertise and judgment to our litigation program.

Steven Peikin, Co-Director of the SECs Enforcement Division, added, Bridget is well respected within both the Division and the agency, and her leadership of the program will be well complemented by Davids expertise and strong management experience.

Ms. Fitzpatrick said, I am honored to have been chosen to lead the SECs trial program and look forward to working with David and the SECs talented trial lawyers nationwide to continue our fight to protect investors from wrongdoers.

Mr. Gottesman said, I look forward to working with Bridget to continue to build upon the successes of our strong litigation program, and look forward to leading the agencys Washington, D.C.-based trial lawyers to success in the agencys litigation against wrongdoers.

Before joining the SEC staff, Ms. Fitzpatrick served as a federal prosecutor for more than five years. She served as an Assistant U.S. Attorney in the U.S. Attorneys Office for the District of Columbia, where she tried 30 cases to verdict, including 15 jury trials, and obtained felony convictions against a sitting City Council member in Washington, D.C., for the embezzlement of more than $350,000 in public funds earmarked for youth and against an accounting manager who stole money from a womans shelter and an international charity. Prior to her work in the U.S. Attorneys Office, Ms. Fitzpatrick worked in private practice. Ms. Fitzpatrick received her bachelors degree with distinction in all subjects from Cornell University and her law degree with honors from Georgetown University, where she was a member of the American Criminal Law Review.

Before joining the SEC staff, Mr. Gottesman was a trial attorney in the Commercial Litigation Branch of the Civil Division of the U.S. Department of Justice. Prior to his work at the Department of Justice, he worked in private practice. Mr. Gottesman received his bachelors and law degrees from the University of Minnesota.

Comments
Order by: 
Per page:
 
  • There are no comments yet
   Comment Record a video comment
 
 
 
     
Related Feed Entries
The Securities and Exchange Commission today announced charges against three Israeli residents, a Washington, D.C. attorney, and an Israeli auditor and his Maryland-based accounting firm for their roles in a fraudulent scheme in the creation of numerous public shell companies. Under the terms of their settlements with the SEC, the three Israeli residents will be subject to penny stock bars and the attorney and auditor will be prohibited from appearing and practicing before the Commission. Accor…
8 days ago · From Securities Exchange Commission
The Division of Enforcement of the Securities and Exchange Commission today announced a self-reporting initiative that seeks to protect advisory clients from undisclosed conflicts of interest and return money to investors. Under the Share Class Selection Disclosure Initiative (SCSD Initiative), the Division will agree not to recommend financial penalties against investment advisers who self-report violations of the federal securities laws relating to certain mutual fund share class selection is…
12 days ago · From Securities Exchange Commission
The Securities and Exchange Commission today charged a purported hedge fund manager in New York City with a brazen offering and investment adviser fraud thereby putting an end to an ongoing scheme. The SEC alleges that, since at least 2014, Nicholas Joseph Genovese and his hedge fund Willow Creek Investments LP raised more than $5.3 million from at least six investors by affirmatively misrepresenting his prior money-management, securities industry experience, and size of operations.In particula…
02.02.2018 · From Securities Exchange Commission
The Securities and Exchange Commission today charged a purported hedge fund manager in New York City with a brazen offering and investment adviser fraud thereby putting an end to an ongoing scheme. The SEC alleges that, since at least 2014, Nicholas Joseph Genovese and his hedge fund Willow Creek Investments LP raised more than $5.3 million from at least six investors by affirmatively misrepresenting his prior money-management, securities industry experience, and size of operations.In particula…
02.02.2018 · From Securities Exchange Commission
The Securities and Exchange Commission today announced that the Miami-based businessman behind an alleged scheme involving investments in a Vermont-based ski resort has agreed to pay back more than $81 million of investor money that he usedillegally. According to an SEC complaint filed in 2016 in federal court in Miami, Ariel Quiros allegedly misused more than $50 million in investor funds to purchase a different ski resort and to fund personal expenses such as income taxes and two luxury New Y…
02.02.2018 · From Securities Exchange Commission
Rate
0 votes
Info
Michael Blair
Time is your GREATEST asset
07.09.2017 (07.09.2017)
17 Views
0 Subscribers
Recommend