Rajaratnam Prosecutor Leaves For Private Sector

Jan 13 2012 | 2:04am ET

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.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...