Stephen DiCarmine leaving Manhattan Criminal Court with his attorney, Rita Glavin of Seward & Kissel, after he was found not guilty on Monday. (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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