SEC’s Lead Enforcer Andrew Ceresney Returns to Debevoise & Plimpton, one of the most profitable law firms on Wall Street, where average profits per partner were $2.625 million in 2015


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.

SEC’s Ceresney Returns to Debevoise & Plimpton, one of the most profitable law firms on Wall Street

Author: Eric D. Wanger

Eric has nearly 30 years of experience as a creative and entrepreneurial professional in roles ranging from general management, team leadership and project management to technical rolls in IT, software development financial services and law. He has run business units, managed teams and delivered projects for established global enterprises and as the founder of a number of startups. Over his nearly 30 years at work, his job titles have included Board Member (public, private and non-profit), President, Founder, Chief Operating Officer, Director of Research, Chief Investment Officer, Fund Manager, Software Developer, Securities Analyst, Web Designer, Systems Integrator, Investment Advisor, Fundraiser, Consultant and Attorney. As a software consultant, cloud based, mobile app software as a consultant to one of the world’s leading electronic medical records companies (Cerner). As Chief Investment Officer and Director of Research for a startup financial services firm (Wanger OmniWealth, LLC), he developed a proprietary, risk-based holistic reporting platform for wealthy families and a set of allocation models based on it. He has developed automated trading systems for equity and equity ETF's. Between 2002 and 2013, Eric served as a portfolio manager of the Long Term Opportunity fund (small/micro-cap equities), the Alternative Fixed Income Fund (blend of exchange traded and privately negotiated debt) and as the strategist and founder (with Ralph Wanger) for the Income and Growth Fund (multi-asset class dividend strategy). Eric was a senior investment analyst at Barrington Research Associates (Chicago) covering technology and business services. Prior to that, Eric was a software, communications, and technology analyst for the Edgewater Funds, a private equity/venture capital firm with over $1 billion under management. Before joining Edgewater funds in 2000, Eric worked in Silicon Valley providing consulting, training, and software development to early-¬stage firms. Between 1991 and 1996, Eric was a principal consultant at EDW, Ltd, a firm he founded to provide software development, training in rapid software development techniques (NeXT), and systems interoperability consulting services for large multi-vendor and distributed computer networks. EDW's clients included such companies as Fannie Mae, MCI, Swiss Bank Corp (UBS), Chrysler, Merrill Lynch, Apple Computer, Stanford University, and The Acorn Funds. Eric received his J.D. from Stanford Law School and is a member of the California Bar. He was co-founder and managing editor of the Stanford Technology Law Review. Eric was awarded a National Merit Scholarship in 1981. He holds a B.S. in Mathematics from the University of Illinois at Urbana-¬Champaign and received a Chartered Financial Analyst designation in 2005. Eric lives in Chicago with his three children and a fat English Labrador retriever named Casper. He enjoys classical and jazz piano, hiking and aviation. He is an instrument rated pilot. Eric serves as a trustee for the Acorn Foundation and is active at Chicago’s Museum of Science and Industry.

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