Former Assistant U.S. Attorney Ryan Wilson has rejoined Lowenstein Sandler as a partner in the firm’s capital markets litigation and white-collar criminal defense practices.
Wilson had previously been an associate and counsel at the firm before departing in early 2016 to serve on President Barack Obama’s residential mortgage-backed securities task force in the Eastern District of New York. In that role, Wilson targeted subprime traders and RMBS issuers and underwriters.
Among other matters, during his time at the Justice Department Wilson played a leading role in the agency’s civil RMBS fraud case against Deutsche Bank, leading to a $7.2 billion settlement last year.
He said the timing was right for a move, given the shift in administrations from Obama to President Donald Trump and the passage of time diminishing the volume of work facing his group in the Justice Department.
“Lowenstein approached me and it was kind of a natural fit,” Wilson said. “I wanted to make sure that wherever I went after [the Justice Department], that I would still be exposed to that level of sophisticated financial work.”
Wilson said he did not pursue any other opportunities outside Lowenstein, where he started earlier this week.
Wilson is joining a white-collar criminal defense group that has quickly expanded in recent months. Elie Honig, former federal prosecutor and New Jersey Division of Criminal Justice director, started at Lowenstein Sandler earlier this month under his old boss, former New Jersey Attorney General Christopher Porrino, whom Lowenstein Sandler added in January 2018. Porrino praised Wilson’s “impressive background” in a statement.
Wilson said he believes the morale of rank-and-file prosecutors remains high under the Trump administration, despite shifts in priorities from the Obama era and the continuing drama of the special counsel investigation.
“Our day-to-day work is not affected,” he said.