Former SEC Enforcement Attorney Joins Jenner & Block in New York

Charles D. Riely, a former assistant regional director of the SEC Division of Enforcement, joined Jenner & Block as a partner in New York. He is a member of the firm’s Investigations, Compliance and Defense Practice.

Bracewell Promotes Six Lawyers to Senior Counsel and Counsel

Bracewell has promoted six lawyers to senior counsel and counsel. Clark A. Donat, LaTasha Mabry Snipes, Tom Swarbrick, Blake Urban and Lauren A. West have been promoted to senior counsel, and Jared Schuettenhelm has been promoted to counsel.

Crowell & Moring Names Knight Partner to Advise on ABL

Andrew Knight joins Crowell & Moring’s London office as a partner in its Corporate and Financial Services practices to strengthen the firm’s ability to advise clients on debt finance and asset-based lending.

Latham & Watkins Add M&A Practitioner Hamill to NY Office

Latham & Watkins has added Justin Hamill as a partner in the NY office corporate department and member of the mergers & acquisitions, private equity, and entertainment, sports & media practices.

PwC Reaches $335MM Settlement with FDIC Over Audits of Failed Bank

The FDIC reached a $335 million settlement with PricewaterhouseCoopers related to professional negligence claims brought by the FDIC against accounting firm arising out of the audits of the failed Colonial Bank.

Sidley Adds Energy Team in New York and D.C.

Law firm Sidley Austin brought on board Tara Higgins and Noreen Phelan as partners and Chris Hutchison as a senior associate. All three will work in the firm’s global Energy and Infrastructure practice.

Hercules Capital CEO Steps Down After Charge in College Admissions Scheme

Hercules Capital CEO Manuel Henriquez has voluntarily stepped aside as the firm’s chairman and CEO. According to Bloomberg, the news comes in the wake of Henriquez’s indictment by federal authorities because of his alleged involvement in the college admissions cheating scandal.

Wells Fargo CEO Testifies on Company Reforms Before Skeptical Congress

Wells Fargo CEO and President Tim Sloan testified before the House Financial Services Committee, asserting Wells Fargo has become a better bank through ongoing operational reforms. But numerous news services reported this testimony was met with skepticism by Congressional membership.

Hartman Joins Steptoe Financial Services Practice as Co-Chair

Stacie Hartman, an accomplished regulatory enforcement lawyer and first-chair litigator, joined Steptoe as co-chair of its Financial Services Group.

Scherl to Assume Role of Chairman Emeritus at Morrison Cohen

David A. Scherl will be stepping down as Morrison Cohen’s chairman and managing partner and will instead assume the role of chairman emeritus at the law firm.