Former Assistant U.S. Attorney Steve Feaga Joins Balch & Bingham as Chief Compliance Officer
Balch & Bingham LLP announced today that Steve Feaga, former chief of the Criminal Division in the U.S. Attorney’s Office for the Middle District of Alabama, will join the firm as its first chief compliance officer. He will lead Balch’s compliance management program, ensuring adherence with applicable laws, rules and regulations, and overseeing training and compliance across the firm. Feaga joins Balch as a partner and will also lead the Investigations and White-Collar Defense Practice across the firm’s footprint.
Feaga has more than two decades of experience in the office of the U.S. Attorney for the Middle District of Alabama, serving as both first assistant U.S. attorney and chief of the Criminal Division. He litigated and supervised criminal litigation on behalf of the federal government involving violations of federal fraud statutes including securities, banking, insurance, and public corruption. During his tenure, the FBI recognized Feaga with multiple honors for excellence for prosecuting some of Alabama’s most high-profile and complex criminal fraud and public corruption cases.
“Steve’s exceptional litigation experience coupled with his service in senior leadership capacities in federal, state and county prosecuting agencies create a unique understanding of the intersection of business objectives and compliance that will positively impact our business processes, policies, procedures, and security.” said M. Stanford Blanton, managing partner of Balch & Bingham.
“While compliance officer positions are common in corporate America, these roles are often unique to law firms. By creating this new, innovative position at Balch we are aiming to enhance our current internal compliance platform while working alongside our clients as they adhere to complex, evolving regulations. “
In his role as chief compliance officer at Balch, Feaga will continue the development of internal policies and procedures consistent with the firm’s strategic goals, industry regulations, and statutory and administrative requirements of state and federal regulators. He will ensure internal training and adherence to policies and procedures.
Most recently, Feaga served as the deputy director of enforcement and litigation at the Alabama Securities Commission, where he supervised a team of 25 attorneys, investigators and support staff in the investigation, regulation, prosecution and trial of securities fraud cases across the state of Alabama and served as a special assistant U.S. attorney.
During his career, Feaga also served as a deputy attorney general for the state of Alabama, as chief of the Special Investigations and Litigation Division, and as an assistant district attorney in the Montgomery County District Attorney’s Office, where he was responsible for the prosecution of securities fraud, extortion, theft, ethics law violations, and other crimes.
While working within the federal government and the state of Alabama, Feaga successfully prosecuted and convicted by jury trial two state of Alabama governors.
He also served for 30 years as a judge advocate, retiring as a full colonel, in the U.S. Air Force Reserve, advising commanders on a wide range of matters including military justice, inspector general and personnel matters. Feaga earned his J.D. from Cumberland School of Law.