Mealey's Securities/D&O Liability - SEC: Dewey & LeBoeuf Executives Guilty Of Fraud; 'Chicanery' Was 'Pervasive'

Mealey's Securities/D&O Liability - SEC: Dewey & LeBoeuf Executives Guilty Of Fraud; 'Chicanery' Was 'Pervasive'

NEW YORK - The U.S. Securities and Exchange Commission on March 6 filed a lawsuit in the U.S. District Court for the Southern District of New York against five former executives of bankrupt law firm Dewey & LeBoeuf, alleging that they engaged in a fraudulent bond offering to finance the ailing firm in violation of various federal laws governing the issuing of securities (Securities and Exchange Commission v. Steven H. Davis, et al., No. N/A, S.D. N.Y.).

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