Ex-Dewey CFO Reaches Tentative Settlement to Resolve SEC Lawsuit

Oct. 3, 2022, 7:36 PM UTC

The former chief financial officer of defunct law firm Dewey & LeBoeuf LLP has agreed to pay more than $95,000 to resolve a SEC civil suit from 2014.

Joel Sanders, who was convicted of fraud and conspiracy in 2017 but avoided jail time, was named in the Securities and Exchange Commission complaint accusing Dewey’s senior team of fraudulently concealing the firm’s financial condition leading up to its bankruptcy.

VIDEO: Watch our documentary “Steven Davis and the Rise and Fall of Dewey & LeBoeuf”

The commission signaled in August that it was ready to settle, and then ...

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