U.S. District Judge Jed Rakoff doesn’t shy away from high-profile fights….
Rakoff sits on the court for the Southern District of New York, which covers Wall Street. He has presided over a number of heavyweight financial lawsuits and currently is overseeing the case of former McKinsey & Co. head Rajat Gupta, who’s charged with insider trading. The judge is also embroiled in a battle with the Securities and Exchange Commission over what he considers its tepid enforcement of the law.
via Rakoff Seeking Truth of Wall Street Wrongdoing Labeled Rogue — Bloomberg