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Former Dewey & LeBoeuf chairman Steven Davis, former executive director Stephen DiCarmine and ex-CFO Joel Sanders leaving court in Manhattan during their initial criminal trial on Oct. 16, 2015. (Photo: Rick Kopstein/ALM)

Steven Davis, a former chairman of Dewey & LeBoeuf, has agreed to pay a $130,000 civil penalty in a settlement with the U.S. Securities and Exchange Commission, 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.

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Christine Simmons

Christine Simmons writes about the New York legal community and the business of law. Email her at csimmons@alm.com and find her on Twitter @chlsimmons

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