When corporate executives and boards find themselves in murky regulatory waters, WilmerHale often gets the first call. The firm’s vaunted securities practice, led by for SEC enforcement chief Bill McLucas, just got more vaunted with the addition of Randall Lee, the SEC’s former regional director in L.A.
And with the hire, WilmerHale is going Hollywood. Lee will be hanging up the firm’s first shingle in L.A. and it’s second in California, having established a Palo Alto outpost in 2005. The firm’s securities practice has handled some big time securities matters, including boardroom internal investigations at WorldCom and, more recently, UnitedHealth.
Lee (Yale, Boalt Hall), 46 years old, oversaw numerous high-profile enforcement matters, including the one against Gemstar and its founder Henry Yuen, which was the subject of this page-one WSJ story. Prior to joining the SEC, Lee was an AUSA in LA from 1994 to 2001. Prior to that he was an associate at Munger Tolles. He clerked for Judge James Buckley on the D.C. Circuit. (Law Blog Trivia:Buckley, who retired from the bench in 2000, is the older brother of famed conservative pundit William F. Buckley.)