 Among the 29 defendants were the law firm's co-founders, one of whom, Raymond Fonseca, died in May while awaiting the verdict. Prosecutors alleged that Mossack Fonseca had created shell companies with the purpose of hiding money earned in illicit activities and that the firm failed to act with due diligence, but the judge said they didn't provide sufficient evidence in the 10-day trial and acquitted all the defendants.