Sept. 12 (Bloomberg) -- Michael C. Keats, a former managing director in Goldman Sachs Group Inc.’s legal department, joined law firm Kirkland & Ellis LLP as a litigation partner this week.
Keats, 43, was associate general counsel in the litigation and regulatory proceedings group at Goldman Sachs, which he joined in 2007, according to a statement on the law firm’s website. He was previously a securities and global enforcement partner in O’Melveny & Myers LLP’s New York office.
“His experience at Goldman Sachs during a period of extraordinary change and enforcement activity on Wall Street will be a tremendous asset to our clients,” Jeffrey C. Hammes, chairman of Kirkland’s global management executive committee, said in the statement.
Goldman Sachs, the most profitable securities firm in Wall Street history before converting to a bank in 2008, paid $550 million last year to settle a fraud accusation from the Securities and Exchange Commission and was accused by the U.S. Senate’s Permanent Subcommittee on Investigations of misleading clients. The Justice Department said last month that it wouldn’t pursue criminal charges against New York-based Goldman Sachs related to information uncovered by the Senate subcommittee.
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