Accounting Principles Dominate Dewey Testimony Before Break
On Thursday during the trial of three former executives of the now defunct Dewey & LeBoeuf, Bryan Cave partner Austin Campriello confronted accusations that his client, ex-executive director Stephen DiCarmine, had been sent a list of allegedly false accounting adjustments.
July 02, 2015 at 06:48 PM
4 minute read
On Thursday during the trial of three former executives of the now defunct Dewey & LeBoeuf, Bryan Cave partner Austin Campriello confronted accusations that his client, ex-executive director Stephen DiCarmine, had been sent a list of allegedly false accounting adjustments.
The list appeared on a slide in a PowerPoint presentation that detailed the firm's 2009 budget and was projected on a screen during the testimony of Ilya Alter, the former budget and planning director at Dewey & LeBoeuf. In 2009 Alter sent the PowerPoint presentation to former chief financial officer Joel Sanders, who is on trial along with DiCarmine and the firm's ex-chairman, Steven Davis.
Sanders presented most of the PowerPoint to the firm's executive committee in March 2009, but included in the version sent to him by Alter were slides marked with the phrase “Steve's copy.” Alter testified on Tuesday that those slides were meant only for Stephen DiCarmine. One of the marked slides listed some accounting adjustments made in 2008 that Alter testified were false.
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