Dewey Execs Not Guilty Of Falsifying Records

In a partial verdict, a Manhattan jury found three former executives at Dewey & LeBoeuf LLP are not guilty of falsifying business records. However, the jury said it was still deadlocked on other, more serious charges. The jury has been deliberating for two weeks in the high-profile case over Dewey’s collapse. The partial verdict “represents a setback to prosecutors who sought to hold [the executives] criminally responsible for the biggest law firm failure in U.S. history,” the Wall Street Journal reports. The executives face up to 25 years in prison if convicted of the most serious charge: grand larceny.