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McGuire ex-partner pleads to securities fraud

A former McGuireWoods partner has admitted violating securities laws by trading unregistered shares of client companies.

If that sounds more like a New York City crime than an item on a Virginia docket, it is. The defendant is Louis Zehill, who worked at McGuire’s New York office, where about thirty lawyers practice.

As reported by Bloomberg, Zehil told the judge he knows he did wrong and takes full responsibility.

“What Louis Zehil did is contrary to everything McGuireWoods stands for,” Richmond McGuire lawyer William Allcott told the news service.

By Peter Vieth

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