Three former top executives of Dewey & LeBoeuf LLP avoided potential prison terms after a Manhattan jury failed to agree on whether they lied to investors in the run-up to the largest law-firm bankruptcy in history (People v. Davis, N.Y. Sup. Ct., 773-2014, 10/19/15).
The mistrial followed weeks of deliberations during which jurors acquitted the trio of lesser charges27 BBLR 1380, 10/15/15, See previous story, 10/14/15, 198 SLD, 10/14/15, 46 CARE, 10/14/15. The case, while prosecuted by the office of Manhattan District Attorney Cyrus Vance Jr., involved the type of alleged fraud often pursued by the U.S. government. The outcome underscored the difficulty ...