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Southern District of New York

Judge Jed Rakoff’s stance on the SEC deals draws fire, praise—and change

"Over lunch in New York City in 2009, U.S. District Judge Jed Rakoff took a dare. Then-executive assistant U.S. attorney Fred Verilla complained that the prosecutor’s office had lost four games in a row in the Lawyers Co-Ed Softball League. Rakoff joked that it likely had to do with Verilla being team manager.