Indicted Hedge Fund Billionaire Now Defended By John Dowd Of Akin Gump

The hedge fund billionaire Raj Rajaratnam, who was charged earlier this month with insider trading, has changed lawyers. As the New York Law Journal is reporting today, Rajaratnam is now being represented by John Dowd, who heads the criminal litigation group of Akin Gump Strauss Hauer & Feld. Dowd’s bio is available at http://www.akingump.com/jdowd/. Among many other matters, Dowd has previously represented Senator John McCain in the Keating Five matter and conducted the investigation of Pete Rose.

Dowd, in the photo, replaces James Walden of Gibson, Dunn & Crutcher. The Law Journal story is available at http://www.law.com/jsp/nylj/PubArticleNY.jsp?id=1202434981650&src=EMC-Email&et=editorial&bu=New%20York%20Law%20Journal%20&pt=New%20York%20Law%20Journal%20Legal%20Alert&cn=legal%20alert%2010%2F28%2F09&kw=News%20In%20Brief.