Biglaw

Guilty Pleas Unsealed in Dewey & LeBoeuf Management Fraud
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

This week, a judge in New York unsealed the records of seven former employees of Dewey & LeBoeuf who have pleaded guilty in connection with accounting fraud at the firm. The records were sealed when criminal charges were filed against leaders of the Dewey & LeBoeuf law firm by the Manhattan District Attorney’s office. The record of the first to plead guilty, Francis Canellas, was unsealed on Thursday, while the records of the rest six employees were unsealed on Friday.

The employees, who range from Dewey’s controller to its billing director, have agreed to cooperate with prosecutors in the matter targeting the former leaders of the law firm. Dewey’s former chairman, Steven Davis, 60, Executive Director Stephen DiCarmine, 57, and Chief Financial Officer Joel Sanders, 55, were charged March 6 for creating a conspiracy to cheat stakeholders as they connived to keep the law firm afloat and its credit lines intact.

  
What
Where


The employees who have pleaded guilty are mostly billing staff and back-office workers who worked closely with Joel Sanders, the firm’s former chief financial officer, and with Canellas. Thomas Mullikin, the former controller stated, “Beginning in or around early January 2009, I began participating with Canellas, [Jyhjing] Harrington, and others at Dewey & LeBoeuf in a scheme to defraud users of the firm’s financial statements and others by misstating the firm’s financial performance.”

Canellas said in his statement that everything was known to the leaders of the law firm and that “Sanders, Mullikin and I, along with others, provided financial statements and other information to the banks and private placement investors that we knew to be false.”

Lawyers of the ex-Dewey leaders have fired back saying there isn’t a shred of evidence tying their clients to any wrongdoing. They have implied that the cooperating witnesses are trying to save themselves by implicating others, and that’s no surprise.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




If you are looking for corporate attorney jobs, click here.





 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-level Litigation Attorney with motions experience

USA-WA-Seattle

Seattle office of our client seeks mid-level litigation attorney with 3-5 years of experience, inclu...

Apply Now

Environmental /Land Use Attorney with 2-3 years of experience

USA-CA-San Francisco

San Francisco office of our client seeks environmental /land use attorney with 2-3 years of experien...

Apply Now

Litigation Attorney with 2-5 years of insurance defense experience

USA-FL-Jacksonville

Jacksonville office of our client seeks litigation attorney with 2-5 years of previous insurance def...

Apply Now

Attorney with 5+ years of complex litigation experience

USA-MI-Detroit

Detroit office of our client seeks attorney with 5+ years of complex litigation experience. The cand...

Apply Now

RELEVANT JOBS

Burned Out by Big Law? We Should Talk! Innovative Cloud-Based Firm is Growing in Austin!

USA-TX-Austin

Are you a current or former Big Law attorney (refugee?) who\'s feeling burned out, beaten down ...

Apply now

Seeking Tax Partner with Big Law experience and $200k+ portables (DAL, AUS, HOU)

USA-TX-Dallas

Feeling burned out at Big Law? Culhane Meadows PLLC is one of the largest non-conventional law firms...

Apply now

Associate Attorney

USA-CO-Grand Junction

Small downtown Grand Junction general practice law firm seeks full time associate. Experience in dom...

Apply now

Attorney

USA-CA-Santa Monica

Paralegal / Entry-Level Junior Attorney position available at boutique entertainment law firm in San...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top