Bloomberg Law
Feb. 7, 2017, 8:09 PM UTC

Dewey & LeBoeuf Collapse Returns to Center Stage

Bloomberg Media

By Chris Dolmetsch, Bloomberg News

The collapse of Dewey & LeBoeuf LLP almost five years ago returned to center stage as two former executives went on trial for a second time on charges they lied to investors before the law firm went bankrupt.

Former Executive Director Stephen DiCarmine and Joel Sanders, the firm’s former chief financial officer, are facing fewer charges than in their initial trial, which lasted more than three months before ending in a mistrial in October 2015.

That case was complicated by details of an alleged larceny scheme that some experts said at the time left the ...

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