John J. O'Brien, 48, a mergers and acquisitions specialist who left Sullivan & Cromwell in 2009, pleaded guilty to four misdemeanors before Southern District Magistrate Judge Henry B. Pitman, conceding he failed to pay taxes in 2005 and 2007, and failed to file income tax returns in 2004 and 2006. Mr. O'Brien's voice shook as he allocuted for the court and said, "I plead guilty, your honor." Mr. O'Brien's range under the advisory U.S. Sentencing Guidelines is three years and one month to three years and 10 months.
August 05, 2011 at 12:00 AM
1 minute read
The original version of this story was published on New York Law Journal
Former Sullivan & Cromwell partner John J. O’Brien admitted yesterday to failing to pay more than $2.8 million in personal income taxes on profits he earned at the firm.
Mr. O’Brien, 48, a mergers and acquisitions specialist who left the firm in 2009, pleaded guilty to four misdemeanors before Southern District Magistrate Judge Henry B. Pitman, conceding he failed to pay taxes in 2005 and 2007, and failed to file income tax returns in 2004 and 2006.
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