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The Dewey Saga: From Collapse To Verdict

Law360, New York (May 12, 2017, 6:10 PM EDT) -- Case closed — nearly. The five-year saga of Dewey & LeBoeuf LLP’s descent into bankruptcy and criminal prosecution is almost at an end after a jury on May 8 found the firm’s former Chief Financial Officer Joel Sanders guilty of felony fraud and misdemeanor conspiracy.

Sanders was convicted for his role in a BigLaw accounting scandal surrounding Dewey’s epic collapse in May 2012. Prosecutors accused him of working with other Dewey leaders and staffers to cook the firm’s books and cover up huge revenue shortfalls coming...
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