Chief of the Securities & Commodities Fraud Task Force at the SDNY to Join Weil

On February 8, 2012, Weil, Gotshal & Manges LLP announced that Christopher L. Garcia, Chief of the Securities & Commodities Fraud Task Force at the United States Attorney’s Office for the Southern District of New York, will join the firm as Litigation partner and member of the Securities Litigation and White Collar Defense & Investigations practices.  Garcia will be based in New York.  During his tenure as a prosecutor, Garcia supervised the investigation and prosecution of cases involving, among others, Refco, Galleon and Madoff.  On Refco, see “Two Key Levels of Risk Facing Hedge Funds That Buy or Sell Bankruptcy Claims,” Hedge Fund Law Report, Vol. 4, No. 27 (Aug. 12, 2011).  On Galleon, see “Is the ‘Mosaic Theory’ a Viable Defense to Insider Trading Charges Against Hedge Fund Managers Post-Galleon?,” Hedge Fund Law Report, Vol. 4, No. 45 (Dec. 15, 2011).  And on Madoff, see “Two Recent Federal Court Decisions Clarify the Differing Treatment under SIPA of Returned Principal and Fictitious Profits,” Hedge Fund Law Report, Vol. 4, No. 34 (Sep. 29, 2011).

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