Search for: "William Lerach"
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18 Sep, 2007 11:12 am
... William Lerach Reportedly Agrees to Plead Guilty to Conspiracy in Paying Kickbacks to Class
Representative On the heels of our report that William Lerach announced his resignation in order to
focus his energies on defending himself against the as-then unannounced ... to two years in prison and "will pay a fine of several million dollars under the terms of the deal." However,
Lerach reportedly "refused to cooperate with the government in its case against Milberg Weiss." Barry Meier of the New York ...
31 Oct, 2007 5:57 pm
Molly Selvin of the Los Angeles Times reported yesterday that securities class action plaintiff lawyer William Lerach has pleaded guilty "to a criminal charge that could send him to prison for up to two years," but only if ... law firm Milberg Weiss and two of its
then-named partners, Steven Schulman and David Bershad, Ms. Selvin reports that Lerach "is widely believed to be one of the unnamed partners
referred to frequently throughout the 20-count indictment." In addition to the possibility of a ...
19 Sep, 2007 3:29 pm
... Journal reports today on the guilty plea by leading class action plaintiff lawyer William Lerach
to criminal conspiracy charges arising out of illegal kickbacks to plaintiffs in class ... Schulman and David Bershad. The guilty plea was announced just days after Lerach resigned from his law firm to reportedly focus on his defense against the as-then ... Mr. Koppel's article, entitled "Investigation of Milberg Lands a
Pivotal Figure: Lerach Agrees to plea, Could Go to Prison; gains Forfeited to U.S.," may ...
6 Mar 6:37 am
The Daily Beast was able to sneak out a jailhouse letter from the former class-action lawyer William Lerach on how the government could go after alleged excessive compensation on Wall Street. Even from behind bars, Mr. Lerach can be ingratiating at the highest levels: Were I free and still able to practice law, I could propose this strategy to President Obama-who, as a
Harvard Law School graduate, would "get it." Is Mr. Lerach hard at work on his next magnum opus? (Source)
18 Sep, 2007 5:44 am
In a story based almost entirely on unnamed sources, the Washington Post reports today that former Milberg Weiss law firm partner William
Lerach is planning to plead guilty to conspiracy charges and has agreed to serve at least one year in prison. As readers may recall, federal
prosecutors have been investigating whether Lerach and some of his former partners at Milberg Weiss recruited people to purchase shares in
large companies and then paid those people to ...
18 Sep, 2007 9:33 am
Article in the Wall Street Journal -- Securities Lawyer Lerach Is Set to Plead Guilty, by Nathan Koppel. Here's an excerpt: Noted securities
lawyer William Lerach is set to plead guilty to one count of conspiracy in the criminal case...
30 Oct, 2007 6:53 am
"Class-action lawyer pleads guilty; Former Milberg Weiss partner William Lerach faces up to two years
in prison for conspiracy in a scheme to bribe plaintiffs": This article appears today in The Los Angeles Times. The Washington Post reports today that "Lerach Enters Guilty Plea In Class-Action Conspiracy." And The New York Times reports that "Leading Class-Action Lawyer Pleads Guilty to Conspiracy."
15 Aug, 2006 4:35 pm
In Business Week's latest offline Competition edition (August 21/28, 2006) William Lerach, the Wall
Street lawyer who has forced hundreds of companies to settle securities-fraud lawsuits for billions of dollars, makes some good points worth analyzing. In speaking about driven and
determined to achieve his goals Learch commented that he "had a session the other day where I almost lost my voice because I way yelling ...
1 Jun, 2007 6:33 am
"Class-action lawyer could face charges; A partner's possible plea deal feeds rumors that William Lerach may be indicted soon": This article appears today in The Los Angeles Times.
2 Jun, 2007 2:00 pm
"Lawyer under probe may quit; William Lerach says he could retire, adding to talk he may be
indicted": This article appears today in The Los Angeles Times.
21 Sep, 2007 5:34 pm
... plaintiff lawyer Melvin Weiss has been indicted "on charges that he participated in a kickback scheme that allegedly netted millions of dollars in illicit legal fees." The federal
indictment comes on the heels of a guilty plea by class action plaintiff lawyer William Lerach, who
was once a partner at Milberg Weiss, to charges of criminal conspiracy. The recent indictment added to the criminal charges filed against the law firm of ...
13 Oct, 2007 10:20 am
"Class-action lawyer to fight federal charges; Six people, including Melvyn Weiss' protege, attorney William Lerach, have made plea deals in the case": The Los Angeles Times today contains an article that begins, "Melvyn I. Weiss, the co-founder of a law firm that
was among the nation's most successful in class-action litigation, vowed Friday to clear his name and beat federal charges ...
30 Oct, 2007 5:56 pm
Michael Parrish of the New York Times reports that class action plaintiff lawyer William Lerach has
pleaded guilty to conspiracy to obstruct justice "for concealing his secret, illegal payments to Dr. Steven G. Cooperman, who was a plaintiff in the class-action lawsuits for which [the
Milberg Weiss law firm] became famous." Dr. Cooperman previously admitted to "participating in the scheme." This represents ...
18 Feb, 2008 7:00 am
... risk fiscal ruin from a big jury verdict. Given what's known now about how Lerach operated his law firm, it's hard to say that the
perception is only spin. ... were actual wrongdoers, it was a function of a stopped clock being right twice a day. It was because Lerach sued
so often without actual evidence of wrongdoing that his early suit ... yet his relationship to Bush has gotten far more attention than Lerach's
relationship to the Democrats and the favors they did for him at the expense of everyday ...
19 Nov, 2007 10:43 am
... Will wrote an editorial over the weekend slamming John Edwards, using it as an opportunity to rale against Milberg Weiss and Bill Lerach.
Will adds nothing to the preexisting discussion and provides incomplete, if not misleading, analysis. He knows better. In other ... plaintiffs received the benefits of a firm with deep
expertise and deep pockets. It doesn't make what Milberg and Lerach did right. But violating legal requirements in making improper payments to
plaintiffs is not at all the same as ...
11 Feb, 2008 1:12 am
... to judges, adversaries to colleagues, family members to friends," as well as investors who recouped lost funds thanks to Lerach, Keker
wrote. Interestingly, as detailed in this New York Sun article, one of the letter submitted on Lerach's behalf has ... : A prominent
class-action lawyer facing sentencing today for secretly paying plaintiffs to file securities lawsuits, William Lerach, is suggesting that the under-the-table practice was widespread and was not isolated to the firm he helped run for ...
19 Sep, 2007 6:22 am
Following up on yesterday's post concerning plaintiffs' securities lawyer William Lerach's expected
guilty plea: Today's Washington Post has this article discussing ... prison. The courts, of course, will have final say over the terms of Lerach's punishment. Here's Lerach's explanation: "I have always fought for my clients ... far. For my actions, I
apologize and accept full responsibility for my conduct." Beyond the description of Lerach's current legal woes, the article contains a breezy
discussion ...
9 Sep, 2008 2:23 pm
So much for low-security prison life for William Lerach. Earlier this summer, the former class action
attorney was placed in administrative segregation, locked down 23 hours a ... system, The Recorder reported. If a formal administrative proceeding goes against him - Lerach could be transferred to a higher-security facility and lose any time accumulated ... Won't Be Indicted," Sept. 20, 2007 "Between Lerach and a hard place," Jan. 30, 2008 "As Lerach reports to prison, Sen. Cornyn introduces bill on ...
11 Feb, 2008 12:13 pm
... Angeles federal Judge John Walter accepted it, but sentenced star plaintiff attorney William Lerach to the highest term under the agreement -- 24 months in federal prison. Walter hammered prosecutors in court Monday about why they cut the deal with
Lerach, who pleaded guilty in connection with kickbacks to lead plaintiffs of his former law firm, ... John Keker of San Francisco's Keker
& Van Nest, had asked that Lerach serve six months in prison and six months' home confinement, while the ...
30 Dec, 2008 5:27 pm
... John Keker wouldn't return our calls when his client, plaintiff lawyer William Lerach, got in
trouble for offering football tickets to a prison guard. Turns out the ... Milberg Weiss. And Keker negotiated a deal that was widely seen as favorable for the plaintiff lawyer:
Lerach pled guilty before getting indicted. He agreed to a maximum 24 months in ... got 30 months after his indictment. Just a few weeks after
Lerach turned himself in at Lompoc, Keker filed a motion asking that the judge recommend him ...
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