Three former top executives from the bankrupt U.S. law firm Dewey & LeBoeuf are expected to be hit with criminal charges today related to their alleged misleading of lawyers and banks about the firm's financial straits, Reuters reported today. Indictments are set to be unsealed in New York State Supreme Court in Manhattan against former Dewey Chairman Steven Davis, former Executive Director Stephen DiCarmine, and former Chief Financial Officer Joel Sanders. The Manhattan District Attorney has been investigating the executives since around April 2012, when a group of Dewey & LeBoeuf partners asked the prosecutor's office to examine "financial irregularities" at the firm. It could not be learned what the specific charges against the three are, though sources said that they involve felonies.
