Stuart Delery, the third in command at the Department of Justice and leader of the DOJ’s investigations into the conduct of banks during the financial crisis, is stepping down to pursue interests in the private sector. In his time as the lead of the DOJ’s Civil Division, Delery oversaw massive settlements with several financial institutions for their business practices during the financial crisis, including a $ 200 million settlement with U.S. Bancorp for False Claims Act Violations, a $ 601 million settlement with HSBC over charges that the bank engaged in mortgage origination, servicing and foreclosure abuses, a $ 50 million settlement with JPMorgan Chase over improperly signed bankruptcy documents, and others .
