Jessica Matelis, an SEC litigator who led investigations into potential securities laws violations, is back at Foley & Lardner LLP.
Matelis, senior counsel in the Securities and Exchange Commission’s Division of Enforcement, has left to return to Foley’s Washington office as a partner in the Securities Enforcement & Litigation Practice. Matelis worked at the firm as an associate from 2004 to 2008.
At the SEC, Matelis litigated a years-long insider-trading case against Robert Munakash, a California gas station owner who allegedly traded on misappropriated information about eBay’s 2011 acquisition of GSI Commerce Inc. Since joining the commission in 2013, she led investigations into a range of other potential violations, including financial statement fraud, market manipulation, and auditor misconduct.
“I anticipate that I will do a lot of the same types of things, just on the other side of the table,” Matelis said.
Matelis spent more than a decade working at international law firms defending companies against such actions by financial regulators. She held positions at Sullivan & Cromwell LLP, Foley, and Willkie Farr & Gallagher LLP.
The Enforcement Division will remain focused on retail and Main Street investors in coming months, she said, adding that the division will also continue work in its Cyber Unit, an initiative launched last year under SEC Chairman Jay Clayton to combat cyber-related misconduct.