Former Latham Partner Gets 15 Months in Prison for Defrauding Clients and Firm
A former partner at Latham & Watkins was sentenced Friday to 15 months in prison followed by three years of supervised release and ordered to pay a $10,000 fine and $350,000 in restitution to Latham for defrauding both clients and his own firm. Samuel A. Fishman, an M&A specialist in the firm's New York office from 1993 to 2005, admitted that he had billed fraudulent expenses to clients. In addition, he obtained reimbursement from Latham for personal expenses.