At the trial of a Citigroup executive a year ago, Matthew Martens attended as a spectator and watched the defense win jurors over with the “Where’s Waldo” argument.
The jury cleared Brian Stoker of the fraud charges leveled against him by the Securities and Exchange Commission — a stinging setback for the agency’s trial unit, which Martens heads. Stoker’s attorney argued that his client was a minor player at Citigroup, yet the SEC picked him out of the crowd as the sole culprit behind a mortgage deal gone bad. “We certainly learned lessons,” Martens, 41, said in an interview Friday.
The lessons were applied with success….
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn