By Chris Dolmetsch, Bloomberg News
More than five years after Dewey & LeBoeuf LLP filed for the largest law firm bankruptcy in U.S. history, a criminal probe into its collapse ended without anyone going to prison.
A judge in New York on Tuesday ordered the firm’s former chief financial officer, Joel Sanders, 59, who was convicted of fraud and conspiracy in May, to spend three years on probation, serve 750 hours of community service and pay a $1 million fine.
The sentence ends a more than a three-year, two-trial legal odyssey over Dewey’s downfall and deals a loss to prosecutors ...
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