Ex-Dewey Partner Shifts Blame For Alleged $150M Bond Scam

By Max Stendahl (June 25, 2015, 7:03 PM EDT) -- Testifying Thursday in the trial of three former Dewey & LeBoeuf LLP leaders, an ex-partner sought to distance himself from a $150 million bond offering that prosecutors have said defrauded investors, saying he signed key deal documents based in part on representations by one of the defendants.

Three former Dewey & LeBoeuf executives stand accused of helping the firm raise $150 million from bond investors and another $100 million from bank lenders while lying about the firm's ability to meet key financial benchmarks. (Credit: Getty) Wrapping up the fifth week of trial in New York state court, former Dewey partner Richard...

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