Terence Healy, formerly the Senior Assistant Chief Litigation Counsel at the Securities and Exchange Commission, is joining Reed Smith LLP where he will serve as a partner in its Global Regulatory Enforcement Group in the firm’s Washington, D.C., office.
In a news release, Jim Gallatin, the head of Reed Smith’s Global regulatory Enforcement Group said “Terence brings high-end complex litigation experience and securities enforcement capabilities to complement areas where the firm already excels.”
Healy, one of the top litigators in the SEC’s division of enforcement, focused on accounting fraud, revenue recognition, options backdating, insider trading, Foreign Corrupt Practices Act and structured products.
Before joining the SEC, Mr. Healy worked as a trial attorney in the Civil Division of the Justice Department. Notably, he argued and won a certified appeal to a state Supreme Court on choice of law, which lead to the dismissal of a $500 million claim against the government. The $500 million claim was made after a private aircraft crashed in Indiana and it was unclear how to reconcile the differences between two — Washington, D.C. and Indiana — accountable legal jurisdictions. Healy worked for the department for nine years, between 1999 and 2008.
Healy graduated from the University of North Carolina with a B.A. in political science. He received his law degree from the American University, Washington College of Law.