What is the story about?
What's Happening?
Tejal Shah has rejoined Cooley as a partner in its global litigation department, as announced by the firm. Shah previously served as an associate director at the Securities and Exchange Commission (SEC), where she oversaw a team of approximately 150 lawyers and accountants. Her role involved supervising investigations and litigation concerning potential securities law violations, including insider trading, market manipulation, and compliance failures by broker-dealers and investment advisers. Shah's return to Cooley marks her as a key member of the firm's SEC enforcement practice.
Why It's Important?
Shah's return to Cooley is significant as it bolsters the firm's capabilities in handling complex SEC enforcement cases. Her extensive experience at the SEC, particularly in managing high-stakes investigations, positions Cooley to better serve clients facing regulatory scrutiny. This move reflects a broader trend of law firms strengthening their regulatory practices in response to increasing enforcement actions by the SEC. Companies and financial institutions may benefit from Shah's expertise, potentially leading to more robust compliance strategies and defenses against regulatory actions.
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