Partner

1050 Connecticut Avenue NW, Suite 500

Washington, D.C. 20036

202-684-2334

rwiedis@diazreus.com

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Background

After two years in private practice at an elite Washington, D.C. law firm, Mr. Wiedis joined the Criminal Division, Fraud Section of the United States Department of Justice as a senior litigator, where he led several of the DOJ’s most challenging white-collar criminal investigations and prosecutions. He often coordinated parallel investigations and interfaced with federal agencies such as the SEC, FDIC, OTS, and RTC.

Highlights of his career at the DOJ include the prosecution in United States v. Sudeen and Freeman, which resulted in the convictions of two individuals running a multi-million dollar international Ponzi Scheme, and United States v. Sallee and Sullivan, where the U.S. obtained convictions of the chairman of the board of a federally insured savings & loan association and one of his business partners. He also served as the lead counsel in United States v. Moore, obtaining the conviction of a Texas real estate attorney for fraud, and worked on the HealthSouth accounting fraud investigation, where he played a key role in obtaining guilty pleas from 15 corporate executives, including all five of the company’s chief financial officers. The case was the first instance of criminal guilty pleas under the Sarbanes Oxley Act of 2002.

In 2006, Mr. Wiedis left the DOJ to join MicroStrategy as in house counsel and Head of Risk Management. His most recent position was Executive Vice President, Risk Management and Human Resources, and Associate General Counsel. There he implemented and managed a cutting-edge risk management and corporate compliance regime designed to identify and mitigate financial, operational, legal, intellectual property, human resource, and cyber security risks in the U.S. and throughout the company’s 23 international subsidiaries. The Enterprise Risk Management program included an online FCPA due diligence application, ethics hotline, anti-corruption and ethics training, and a corporate security and executive protection program. He also oversaw the company’s internal audit department, assembled and led a rapid response internal investigation team, enforced the principles of its Employee Code of Conduct, and regularly advised the company’s Board of Directors and Audit Committee on best practices in Risk Management. He supervised and managed the company’s complex commercial litigation, including the successful defense and prosecution of multiple patent and trademark infringement cases, suits to enforce performance of insurance coverage, and initiation and defense of complex contract claims.

Representative Cases at the DOJ:

  • $2.7 Billion Accounting/Securities Fraud, Birmingham, AL. Played a leading role in the investigation and prosecution of the executives of HealthSouth Corporation that secured 15 guilty pleas, including pleas from all five of the company’s CFOs and the indictment of the company’s CEO.
  • Dallas Bank Fraud Task Force, Dallas, TX. Won four major federal court jury trials, obtaining convictions of savings and loan chairmen, attorneys, real estate developers and securities brokers. Conducted investigations of sophisticated business frauds involving banking, securities and accounting fraud.
  • Massive International Securities Fraud and Ponzi Scheme, New Orleans, LA. First-chaired two jury trials, each resulting in the conviction of the perpetrators of a Madoff-like securities fraud/Ponzi scheme that caused $17 million in losses to more than 50 domestic and international investors.
  • Olympic Bribery Scandal, Salt Lake City, UT. Led the Grand Jury investigation of the 2002 Olympic Bribery Scandal. Obtained the indictment of the President and Vice President of the Salt Lake Winter Olympic Bid Committee, and the son of a member of the International Olympic Committee; convicted the former head of the USOC International Relations Department.
  • Operation Dutch Treat, Washington, D.C. and Amsterdam, the Netherlands. Acted as the lead prosecutor coordinating a dual nation investigation and extradition of a Nigerian Internet fraud ring operating out of the Netherlands.
  • Tobacco Industry Criminal Investigation, Washington, D.C. Selected as prosecutor in the DOJ’s two-year Grand Jury investigation of alleged criminal activity by the U.S. tobacco industry and its executives. Led the investigation into one of four major tobacco companies.

Education

  • J.D., cum laude, Georgetown University School of Law, Washington, DC.
  • B.A., with distinction and high honors in Political Science, The University of Michigan, Ann Arbor, MI.

Admissions

  • New York Bar
  • District of Columbia Bar

Professional Leadership

  • American Bar Association

Professional Recognition

Richard has received multiple Special Achievement and Meritorious Service awards and letters of commendation from the DOJ and FBI.