Litigation associates Nick Berg and David Rojas authored an article for WestlawNext discussing the possible ramifications of an essay by Judge Jed S. Rakoff of the U.S. District Court for the Southern District of New York that criticized the U.S. Department of Justice for failing to sufficiently prosecute high-level executives in connection with the financial crisis of 2008 and its aftermath. The article, “Must Judge Rakoff Recuse Himself from Hearing Financial Crisis Cases?”, explores Judge Rakoff’s controversial history of rejecting the SEC’s settlements with financial institutions and whether his criticisms of the SEC and DOJ have exposed him to motions for recusal in financial crisis cases.
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