Bloomberg Law
Feb. 26, 2016, 8:29 PM UTC

Dewey Saga Winds Down as Final Defendants Face Slimmer Trial

Bloomberg Media

By Chris Dolmetsch, Bloomberg News

Two former executives of the defunct law firm Dewey & LeBoeuf LLP will face a new trial on charges they lied to investors before the firm filed for bankruptcy protection, but it won’t resemble the 3 1/2-month epic that ended in a mistrial last year.

A judge on Friday denied a dismissal bid from ex-Chief Financial Officer Joel Sanders and former Executive Director Stephen DiCarmine, ordering them to trial in September. But they got good news as well. The judge threw out 15 counts of grand larceny, meaning the pair won’t face the most ...

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