Wednesday, 1 March 2017
Last updated 18 hours ago
Oct 11 2013 | 9:04am ET
The Securities and Exchange Commission's top lawyer in the Fabrice Tourre case has chosen a new home.
Matthew Martens, who successfully led the civil case against the former Goldman Sachs executive, will join Wilmer Cutler Pickering Hale and Dorr as a partner in its securities and litigation practices. He had been considering a number of offers, including from law firms Paul Weiss Rifkind Wharton & Garrison and Cleary Gottlieb Steen & Hamilton.
Martens joined the SEC three years ago after serving as a federal prosecutor in North Carolina. He served as the agency's chief litigation counsel, primarily overseeing the regulators' other lawyers. But he chose to try the Tourre case himself, winning a jury verdict that found Tourre liable for misleading investors in a Paulson & Co.-linked collateralized debt obligation.