Bloomberg Law
Oct. 19, 2015, 9:18 PM UTC

Dewey & LeBoeuf Case Ends With Hung Jury as Mistrial Declared

Bloomberg Media

By Chris Dolmetsch and Tiffany Kary, Bloomberg News

Three former top executives of Dewey & LeBoeuf avoided potential prison terms after a Manhattan jury failed to agree on whether they lied to investors in the run-up to the largest law-firm bankruptcy in history.

The mistrial followed weeks of deliberations during which jurors acquitted the trio of lesser charges. The case, while prosecuted by the office of Manhattan District Attorney Cyrus Vance Jr., involved the type of fraud often pursued by the U.S. government. The outcome underscored the difficulty prosecutors face — even with the benefit of cooperating witnesses — as ...

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