Ex-McGuireWoods Atty Can't Cut 3-Year Fraud Sentence

Law360, New York (October 9, 2012, 9:05 PM EDT) -- A New York federal judge denied a bid Tuesday by prosecutors to reduce a three-year sentence against a former McGuireWoods LLP attorney who had admitted to charges stemming from a $17 million securities fraud scheme involving public equity transactions.

U.S. District Judge Deborah A. Batts rejected a February motion by prosecutors seeking the reduced sentence for Louis Zehil, who in June paid the more than $7.9 million in restitution he was ordered to in 2011.

Prosecutors had sought the reduction of the sentence, which was handed...
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