Dewey Defense Narrative Stars A Villain: Frank Canellas

By Max Stendahl (July 9, 2015, 5:30 PM EDT) -- Prosecutors are counting on former Dewey & LeBoeuf LLP finance director Frank Canellas to implicate the firm's former leaders in an accounting fraud scheme, but even before he takes the stand, the star witness is being vilified by the defense as a serial liar and a bully.

Canellas' testimony could make or break the Manhattan District Attorney's case against former Dewey Chairman Steven Davis, former Executive Director Stephen DiCarmine and former Chief Financial Officer Joel Sanders. His plea agreement included a five-page statement alleging that he and Sanders conspired to make false adjustments to Dewey's books in an effort to deceive...

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