Ex-LeClairRyan CLO seeks shorter sentence in obstruction case
Bruce Matson will be sentenced on Nov. 22, 2021
Matson faces a maximum prison sentence of five years
NOV 9, 2021 | REPUBLISHED BY LIT: NOV 10, 2021
Lawyers for Bruce Matson asked Monday for a 37-month prison sentence for the former chief legal officer at now defunct law firm LeClairRyan, who pleaded guilty in July to obstructing a federal probe.
Federal prosecutors for the Eastern District of Virginia in Richmond, where Matson, 64, is set to be sentenced Nov. 22, requested 46 months in prison and a $250,000 fine in a separate filing on Monday.
Prosecutors said Matson misappropriated more than $4 million between 2015 and 2019, while he served as liquidation trustee for title insurance company LandAmerica Financial Group. Matson concealed his misconduct from the U.S. Trustee’s office, which investigated the matter, they said.
The maximum sentence Matson faces is five years in prison, a $250,000 fine and a maximum supervised release term of three years.
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