Saturday, March 8, 2014

Dewey Indictment: A Timeline of Key Events

Associated Press
The unsealed indictment of three former leaders of the shuttered law firm Dewey & LeBoeuf LLP describes how its leaders allegedly took increasingly desperate measures to conceal the firm's downward spiral. Below are excerpts of the indictment, which said the alleged scheme was hatched in 2008 and culminated in 2012 with the collapse of the firm. Lawyers for the former executives deny all the charges against their clients. Late 2008: (Page 5) The merger, coming just before the financial crisis, was troubled from the start and the Firm’s first year financial performance was severely below expectations.

Source: http://blogs.wsj.com/law/2014/03/06/dewey-indictment-a-timeline-of-key-events/?mod=WSJBlog

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