Takata Prosecutor Is New Head Of DOJ Securities Fraud Unit

By Jody Godoy (May 25, 2018, 7:31 PM EDT) -- A prosecutor who led the $1 billion criminal case against Takata Corp. has taken the reins of the U.S. Department of Justice's elite unit that goes after securities and financial fraud, after its former chief departed for private practice, Law360 confirmed Friday.

Brian Kidd was promoted to acting chief of the fraud section's securities and financial fraud unit, DOJ spokeswoman Nicole Navas said. Kidd's predecessor, Benjamin Singer, announced this week that he was leaving for a partnership at O'Melveny & Myers LLP.

Singer told Law360 on Friday that Kidd is a "proven leader" and that his experience in various DOJ roles as well...

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