SEC’s Andrew Ceresney Returns to Debevoise & Plimpton
Christine Simmons, New York Law Journal
January 24, 2017
Andrew Ceresney, enforcement director at the U.S. Securities and Exchange Commission for nearly four years, is returning to Debevoise & Plimpton as co-chair of its litigation department, the firm said Tuesday.
Ceresney left the agency at the end of 2016, shortly before SEC chair Mary Jo White, another former Debevoise partner, stepped down.
Under his leadership at the SEC, the agency has said, the enforcement division achieved record numbers of enforcement actions and monetary remedies.
Now, Ceresney will return to a litigation practice defending clients in government investigations and enforcement. Debevoise said he will represent companies, boards of directors and individuals in SEC, criminal and other state and federal regulatory matters, and will handle internal corporate investigations and complex civil litigation.
Ceresney rejoins in early March. He was previously co-chair of the white collar group at Debevoise before joining the SEC in April 2013. Now with the rank of litigation co-chair at Debevoise, he will have the same title as White before she was named chair of the agency.
In a statement issued Tuesday, Ceresney said he was thrilled to return to Debevoise. “Not only does the firm have, by far, the strongest white collar practice in the world, but the relationships I developed during my earlier tenure at the firm, and the firm’s unique culture, made this decision an easy one,” he said in a statement.
Ceresney is returning to one of the most profitable law firms on Wall Street, where average profits per partner were $2.625 million in 2015, according to American Lawyer.