The leader of the Washington-based U.S. Justice Department unit responsible for pursuing fraud and market manipulation cases has departed the organization to work for a business litigation firm.
After two years as the head of the Fraud Section’s market integrity and significant frauds team, Avi Perry has joined Quinn Emanuel Urquhart & Sullivan LLP’s Washington office. According to a statement from Quinn Emanuel, Perry will share leadership of the company’s commodities and derivatives and securities litigation groups.
He began working at Quinn Emanuel on Monday, having departed the Justice Department in early October.
Perry took on the 2018 prosecution of a former UBS [RIC:RIC:UBSAG.UL] metals trader who was charged with manipulating the market while he was employed at the U.S. Attorney’s Office in Connecticut. Perry’s career at Main Justice began with this case, even though a jury cleared the merchant.
Quinn Emanuel stated that Perry joined the DOJ’s Fraud Section in 2018 and oversaw a string of high-profile prosecutions that resulted in the conviction of 12 Wall Street financial institution bankers on counts of fraud, spoofing, and market manipulation.
Cases against former workers of some of the biggest financial organizations in the world, such as JPMorgan Chase & Co (JPM.N) and Deutsche Bank (DBKGn.DE), were part of that work.
Perry expressed his gratitude for “having contributed to the advancement of white-collar criminal enforcement.”
