Bill Lerach to Plead Guilty to Conspiracy Charge

The New York Times reports that famed securities plaintiffs’ lawyer, William Lerach, has agreed to plead guilty in connection with a federal investigation into kickbacks allegedly paid to securities litigation plaintiffs by his former law firm, Milberg Weiss.  Lerach is expected to serve one to two years in prison, forfeit $7.75 million to the government, and pay a $250,00 fine.   Here is the New York Times story:   Lawyer Will Plead Guilty in Kickback Scheme.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: