Former Dewey chairman Davis agrees six-figure SEC settlement over firm's 2012 collapse
Former Dewey leader agrees civil penalty over role in world’s largest-ever law firm failure
Former Dewey & LeBoeuf chairman Steven Davis has agreed to pay a $130,000 civil penalty in a settlement with the US Securities and Exchange Commission (SEC), according to newly filed court papers, the largest fine so far to come out of the SEC’s case against five leaders of the now-defunct firm.
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651