Thursday, January 31, 2013

Revolving Door: Gvt. Lawyer Invoved in the Prosecution of Rajaratnam and Gupta Leaves for Big Bucks Private Sector Gig

NYT reports, that the powerful elitist law firm, Gibson Dunn & Crutcher, is expected to announce that Reed Brodsky will leave the United States attorney’s office in Manhattan to join the law firm as a partner in its white-collar criminal defense practice. Brodsky is most well known for his role in prosecuting hedge fund player Raj Rajaratnam for the non-crime of insider trading.

Brodsky also led the prosecution of Rajat K. Gupta, the former Goldman Sachs director found guilty of leaking boardroom secrets to Rajaratnam.

“Reed is a star in federal prosecutorial circles,” said Randy M. Mastro, co-head of Gibson Dunn’s litigation practice. “He has tried some of the hardest, most high-profile cases in his office, winning one after the other.”

The two other prosecutors who tried Mr. Rajaratnam with Mr. Brodsky — Jonathan R. Streeter and Andrew Z. Michaelson — have already moved on to partnerships at corporate law firms.

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