A former partner at Dewey & LeBoeuf has sued a group of the law firm's ex-leaders for fraud, saying they ran the now-bankrupt firm as a Ponzi scheme to benefit themselves.
Henry Bunsow, an intellectual property lawyer in San Francisco, said in court papers that former Dewey Chairman Steven Davis and other one-time members of top management sought to misrepresent the firm's financial performance and stability as they tried to recruit partners at other firms.
Management was “running a Ponzi scheme in order to enrich themselves and select members” of Dewey, Bunsow said in the complaint, filed Tuesday in California Superior Court in San Francisco.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
