Jury Finds Dewey & LeBoeuf CFO Sanders Guilty; DiCarmine Cleared
A New York jury on Monday delivered a mixed verdict in the criminal case against two former Dewey & LeBoeuf executives, finding former CFO Joel Sanders guilty of scheme to defraud, securities fraud and conspiracy, while clearing former executive director Stephen DiCarmine on the same charges.
May 08, 2017 at 06:05 PM
11 minute read
David Handschuh/NYLJ
Almost exactly five years after Dewey & LeBoeuf filed for bankruptcy, a Manhattan jury on Monday found its former chief financial officer, Joel Sanders, guilty of fraudulently concealing the firm's precarious finances ahead of its collapse.
The jury of eight women and four men reached its decision after five days of deliberations and about three months of trial. Jurors found Sanders guilty of scheme to defraud, securities fraud and conspiracy, while clearing former Dewey executive director Stephen DiCarmine on the same charges.
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