Employers Of Indicted Dewey Execs Face Reputation Risks

Law360, New York (March 6, 2014, 11:01 PM EST) -- Employers that hired two of the former Dewey & LeBoeuf LLP executives charged Thursday with misrepresenting the bankrupt firm’s finances aren’t likely to face liability related to the criminal charges, experts told Law360 on Thursday, but they could very well suffer damage to their reputations despite their efforts to mitigate the harm.

Following a nearly two-year investigation by Manhattan District Attorney Cyrus Vance, three of Dewey’s former top executives — Chairman Steven Davis, Chief Financial Officer Joel Sanders and Executive Director Stephen DiCarmine — were indicted...
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