This coming week, three former top managers from Dewey & LeBoeuf will stand trial in a Manhattan courtroom on criminal charges of securities fraud and larceny.
Dewey & LeBoeuf had been one of the largest law firms in the world beforeit failed in March 2012amid massive partner defections and flailing finances. Prosecutors will allege a massive fraud helped spur its downfall.
The trial is expected to take months, and is certain to provide a rare view of the internal workings of a large law firm experiencing financial distress. It also may provide a partial answer to the question of what caused Dewey’s collapse.
The ...
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