Jonathan Streeter is leaving on a high note. The federal prosecutor who led the successful case against Galleon Group founder Raj Rajaratnam is leaving the Justice Dept. for more lucrative pastures.
Streeter is to join law firm Dechert's litigation department. He'll be an equity partner at the high-profile firm, starting next month.
Streeter has spent the last six years prosecuting securities fraud at the U.S. Attorney's Office in Manhattan, rising to become deputy chief of the office's criminal division. But his greatest achievement is undoubtedly the guilty verdict against Rajaratnam following the largest insider-trading investigation in U.S. history. Helped by thousands of hours of wiretaps—a first in an insider-trading case—Streeter and his colleagues won Rajaratnam's conviction on all counts.
Rajaratnam is now serving an 11-year prison sentence.