The Securities and Exchange Commission (SEC) announced Matthew C. Solomon, Chief Litigation Counsel for the SEC’s Enforcement Division, will be leaving the agency in December.
Since 2013, Mr. Solomon has led the Enforcement Division’s litigation program. His primary responsibility was managing cases pending in the federal courts and administrative proceedings.
“Matt has won the respect of every trial and investigative attorney in the Enforcement Division with his keen intellect, strong strategic sense, and outstanding trial skills,” said Andrew J. Ceresney, Director of the SEC’s Enforcement Division.
During Mr. Solomon’s tenure as Chief Litigation Counsel, the agency received favorable verdicts in 22 federal jury trials. Some of the most prominent cases involve the first-ever case against a recidivist municipality and one of its city officials, a case against a pharmaceutical executive and a United Kingdom resident, and an insider trading case against two brokerage employees.
Mr. Solomon said, “I am proud of the strong record we have built over the last few years litigating some of the Enforcement Division’s most complex and challenging cases.”
Counsel Bridget Fitzpatrick, a supervisory trial counsel in the Enforcement Division and David Gottesman, the Enforcement Division’s Deputy Chief Litigation will serve as acting Co-Chief Litigation Counsels following Mr. Solomon’s departure.