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The Incredible, Shrinking Dewey & LeBoeuf Fraud Case

The two ex-Dewey & LeBoeuf LLP executives facing charges left over from last year’s jury trial each defeated 15 more felony counts Friday, further diminishing the once-massive criminal fraud conspiracy case in the run-up to a much narrower trial — if there will be one at all. Law360: acquitted

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Dewey Star Witness Reaches Partial Deal With SEC

The U.S. Securities and Exchange Commission has reached a partial settlement with former Dewey & LeBoeuf LLP Finance Director Frank Canellas that resolves liability for securities fraud claims related to the firm’s collapse but leaves open the question of penalties, the SEC said Wednesday. Law360: acquitted

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Ex-Dewey Exec Slams DA For ‘Gratuitous’ Press Statement

Former Dewey & LeBoeuf LLP Chief Financial Officer Joel Sanders, who faces retrial in September on accounting fraud charges, criticized the Manhattan District Attorney’s office on Monday for referring to him by name in a “gratuitous” recent statement announcing a deferred prosecution deal with a former underling. Law360: acquitted

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Feds Slam Ex-Bryan Cave Atty’s Bid For New Wire Fraud Trial

The federal government told a New York federal court Thursday that former Bryan Cave LLP attorney Harvey Newkirk doesn’t deserve a retrial or reversal of his wire fraud conviction in connection with a failed bid to acquire Maxim magazine, saying “overwhelming evidence” proves he actively participated in the scheme. Law360: acquitted

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ESMA Opens Consultation To Clean Up Benchmarks Regulaton

The European Securities and Markets Authority said Monday it is seeking input on technical implementation of a regulation to improve the reliability of benchmarks — tools used to price mortgages, loans and bonds — which have been the subject of rigging scandals in recent years, leading to billions of dollars in fines. Law360: acquitted

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Shkreli, Kaye Scholer Atty Say SEC Case Can’t Wait

Ex-CEO Martin Shkreli and the Kaye Scholer LLP partner accused of committing securities fraud with him fought back Thursday against prosecutors’ bid to halt the U.S. Securities and Exchange Commission suit against them, saying the suit can’t wait for their criminal case. Law360: acquitted

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