Former banker and alleged Alex Murdaugh co-conspirator Russell Laffitte's federal conviction was vacated Thursday by the 4th U.S. Circuit Court of Appeals, according to a new filing.

The banker who prosecutors say helped Alex Murdaugh move millions of dollars around to avoid detection of his thefts in exchange for a share of the money has had his conviction and seven-year prison s

Convicted and disgraced Hampton banker Russell Laffitte stands in the Hampton County Courthouse as, in the background, hangs a portrait of Alex Murdaugh's grandfather, Randolph "Buster" Murdaugh Jr. A former Hampton banker and previously convicted Alex Murdaugh fraud accomplice will get another day in court.

A federal appeals court has thrown out the conviction and prison sentence of former Hampton banker Russell Laffitte, citing judicial errors during his trial over allegations that he conspired with disgraced lawyer Alex Murdaugh to steal from vulnerable clients.

Russell Laffitte had been serving a seven-year sentence after being convicted on six counts of bank fraud. His conviction was thrown out on appeal.

Russell Laffitte has maintained he is innocent of helping ex-attorney Alex Murdaugh steal millions of dollars from his law clients.