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Saturday, September 21, 2024

Media Cover Steptoe's Success for Meng Wanzhou

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Steptoe and Johnson LLP issued the following announcement on Sept. 30.

The Associated Press, The New York Times and The Wall Street Journal were among the numerous media outlets that covered the deal reached between the US Department of Justice and Meng Wanzhou, the chief financial officer of Chinese communications giant Huawei Technologies. On September 24, the DOJ announced that it had reached a deferred prosecution agreement with Meng and would drop charges of bank fraud, wire fraud and conspiracy. Steptoe represents Meng in the matter.

Steptoe partner and New York managing partner Michelle Levin commented to the media: "We're very pleased that Sabrina Meng and DOJ have reached a deferred prosecution agreement and that it has been approved by Judge Donnelly. We fully expect the indictment will be dismissed with prejudice after fourteen months under the terms of the agreement. In the meantime, she is free to return home to be with her family."

Along with Levin, the Steptoe team includes white-collar defense partners Reid Weingarten and Jim Brochin, and associate David Hirsch.

Original source can be found here.

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