Richard N. Wiedis is a highly experienced trial attorney and former software company executive.
Prior to joining Diaz Reus in private practice, Richard served nine years at MicroStrategy, a $2 billion market cap, multinational business intelligence software company. His most recent position at MicroStrategy was Executive Vice President of Risk Management and Human Resources and Associate General Counsel. In addition, he has 15 years’ prosecutorial experience with the U.S. Department of Justice, Criminal Division, Fraud Section.
Richard’s work for both the U.S. Justice Department and a large, publicly traded technology corporation gives him a unique perspective in effectively representing Diaz Reus’ clients in high-stakes litigation, investigations, and regulatory compliance advisory services.
During his tenure at MicroStrategy he designed and deployed a comprehensive risk management and corporate compliance regime for the company and its 23 international subsidiaries. He also oversaw the company’s litigation portfolio and obtained significant settlements in litigation for IP theft and property damage matters, among others.
As a Federal Prosecutor his investigatory and trial work led to convictions in high profile cases involving bank fraud, securities fraud, accounting fraud, and other white collar crimes.
A member of the New York and District of Columbia bars, Richard’s practice includes white collar criminal defense, independent internal investigations, FCPA, general civil litigation, trial counsel, civil forfeiture, money laundering, RICO, mediation, arbitration, and compliance and risk management counseling.
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.
Richard has received multiple Special Achievement and Meritorious Service awards and letters of commendation from the DOJ and FBI.