Southern District Judge Valerie Caproni has stayed the civil case brought by the Securities and Exchange Commission against five former leaders of the defunct law firm Dewey & LeBoeuf, in response to the Manhattan district attorney’s request for a stay while criminal charges are pending.
Among the five Dewey defendants in the SEC action, three have pleaded not guilty to criminal charges, including former chairman Steven Davis, former executive director Stephen DiCarmine and former chief financial officer Joel Sanders. The other two—ex-finance director Francis Canellas and ex-controller Thomas Mullikin—have pleaded guilty in state court and may be trial witnesses.
