Testifying in a Manhattan courtroom for a second straight day, former Dewey & LeBoeuf revenue support director Dianne Cascino told jurors yesterday that she had faced frequent questions at the firm about accounting entries she used to artificially inflate the firm’s bottom line, the American Lawyer reported today. Those entries, Cascino testified earlier, included millions of dollars of client disbursements that had been written off, but that she reversed in order to keep them on the firm’s books. Cascino is a cooperating witness in the Manhattan district attorney’s criminal case against three of Dewey’s former leaders, who are charged with deceiving bank lenders and investors about the firm’s shaky finances before it collapsed in 2012.
