New York state prosecutors confirmed at a court hearing on Monday that Steven Davis, the former chairman of now-defunct Dewey & LeBoeuf, will not be retried following a mistrial on criminal charges that he duped lenders and investors in the firm. Prosecutors also offered plea agreements to Davis’ co-defendants and dismissed some charges against them.
Under a proposed deferred prosecution agreement, Davis would not have to plead guilty to any crimes and would not be barred from practicing law. The agreement would be linked to a potential settlement with the U.S. Securities and Exchange Commission, which has filed related civil claims against Davis.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
