Second Dewey & LeBoeuf Jury May Be Bracing for a Long Deliberation

Mr. DiCarmine, 60, and Mr. Sanders 58, are awaiting a verdict on charges that they were part of a plot to manipulate the law firm’s financial records during the financial crisis. They are accused of trying to defraud bank lenders and insurance companies that invested in a bond offering.

The jury in the first trial ultimately deadlocked on dozens of charges.

This time, prosecutors went to trial with a slimmed-down case — just three charges against each man. Still, both defendants could face up to four years in prison if convicted of the most serious charge, securities fraud.

The case also proceeded to a second trial without a third defendant, Steven H. Davis, the law firm’s former chairman. After the mistrial, Mr. Davis reached a deferred prosecution agreement with prosecutors working for Cyrus R. Vance Jr., the Manhattan district attorney.

The prosecution called more than 30 witnesses, including its star witness Francis Canellas, Dewey’s former finance director. Just as at the first trial, the defense did not call any witnesses, relying instead on the strength of its cross-examination of the prosecution’s witnesses.

The trial judge, Robert M. Stolz, has already said that the jury is not likely to deliberate two days this month because of juror conflicts, if no verdict is reached by the end of next week.

In his instructions to the jury on May 1, Justice Stolz said that Mr. DiCarmine and Mr. Sanders were not on trial in the financial collapse of Dewey but on charges that they had sought to conceal the severity of the firm’s financial situation from its financial backers.

Dewey filed for bankruptcy in May 2012. Two years later, prosecutors in Manhattan filed the indictment against Mr. DiCarmine and Mr. Sanders.

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