Fourteen months after being indicted for criminal fraud in the 2012 collapse of Dewey & LeBoeuf, former firm chair Steven Davis, former executive director Stephen DiCarmine and former chief financial officer Joel Sanders are on trial before Acting Manhattan Supreme Court Justice Robert Stolz.
White-collar criminal experts say this case may be among the first to accuse law firm executives of accounting-related misconduct aimed primarily at lenders—and which, in this case, contributed to the firm’s demise.
