Prosecutors in the criminal trial of three former Dewey & LeBoeuf executives on Tuesday presented evidence for the first time that suggested executives lied to their bankers about how the firm was using loan money.
June 10, 2015 at 12:00 AM
1 minute read
Prosecutors in the criminal trial of three former Dewey & LeBoeuf executives on Tuesday presented evidence for the first time that suggested executives lied to their bankers about how the firm was using loan money.
Instead of spending a $125 million long-term loan on capital improvements, the firm was paying partners with the cash, the email messages suggested.
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