Ex-Dewey & LeBoeuf CFO avoids jail as judge hands down $1m fine and community service

Former Dewey finance chief Joel Sanders spared prison for role in law firm's demise

Joel Sanders, the former chief financial officer at now-defunct Dewey & LeBoeuf, has avoided a prison term after a New York state Supreme Court justice instead ordered him to pay a $1m fine and perform 750 hours of community service.

The Manhattan District Attorney’s Office had urged for the maximum sentence under his May 2017 conviction: one-and-a-third to four years in prison.

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