Bloomberg Law
December 7, 2015, 5:48 PM UTC

Two Ex-Dewey Officials Told to Take Plea or Face Retrial

Bloomberg Media

By Chris Dolmetsch, Bloomberg News

Prosecutors offered a choice to two former Dewey & LeBoeuf LLP executives charged with lying to the law firm’s investors: take a plea deal or face a jury for the second time.

The prosecutors told a judge in Manhattan on Monday that they intend to retry the pair for actions they took before the biggest law-firm bankruptcy in history. A four-month trial of three former executives of the defunct firm ended in mistrial in October after jurors deadlocked on charges of fraud, grand larceny and conspiracy.

A second trial of two of the three -- ...

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