Melvyn Weiss to be Indicted

The New York Times and wire services are reporting that famed securities lawyer Mel Weiss will be indicted today in connection with a longstanding investigation into a kickback scheme by his law firm.  The firm, Milberg Weiss, has already been indicted and one of its former partners David Bershad has pleaded guilty in the investigation.  The expected charges against Weiss follow closely on the heels of a plea deal entered into by his former law partner, Bill Lerach, earlier this week.  The New York Times story is here: Prominent Lawyer to Be Indicted.