Following a nearly two-year investigation that began as Dewey & LeBoeuf spiraled toward death, its former chairman, Steven Davis; its former executive director, Stephen DiCarmine; and its ex-chief financial officer, Joel Sanders, stand accused of “concocting and overseeing a massive effort to cook the books” at the firm.
“This is not a simple case of aggressive accounting, bad business judgment or poor management,” Manhattan District Attorney Cyrus Vance Jr. said during a press conference called to announce the March 6 indictments of Davis, DiCarmine, Sanders and Zachary Warren, who served as client-relations manager for the firm in 2008 and 2009.
