NEW YORK, June 28 /PRNewswire/ -- Late Friday, a Federal Court in Manhattan entered a resounding judgment completely exonerating Jon-Paul Rorech of any wrongdoing in connection with a Deutsche Bank high yield bond deal in 2006. Judge John G. Koeltl of the U.S. District Court for the Southern District of New York ruled in favor of Defendants Jon-Paul Rorech and Renato Negrin, clearing them of all charges in the SEC's first-ever insider trading case in credit default swaps.
"The Court's decision is a complete vindication for Mr. Rorech," said Richard M. Strassberg, chair of Goodwin Procter's White Collar Crime & Government Investigations Practice and counsel for Rorech, a 39-year-old high yield salesman at Deutsche Bank.
Goodwin Procter's team consisted of Richard M. Strassberg, Roberto M. Braceras, Maryana Zubok, Annie Railton, Tanya Pohl, and Amy White.
For More Information Contact:
- Richard M. Strassberg (212) 813-8859; (917) 664-2891; RStrassberg@goodwinprocter.com
- Roberto M. Braceras (617) 570-1895; (978) 590-6899; RBraceras@goodwinprocter.com
About Goodwin Procter
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SOURCE Goodwin Procter LLP