Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Investor Class Action Partner Pleads Guilty Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, July 10, 2007

Investor Class Action Partner Pleads Guilty

by: Neil Anderson, Managing Editor

More than a year after Milberg Weiss & Bershad got hit with a 20-count indictment for an alleged lawsuit kickback scheme, the attorney formerly in charge of the New York City-based class action firm's finances agrees to hand over $8 million and cooperate with prosecutors. Reuters reports that David Bershad plead guilty as part of a plea bargain with federal prosecutors. Firm founder Melvyn Weiss and ex-partner William Lerach both have not been charged, while retired partner Steven Schulman and the firm itself have both plead not guilty. And Milberg Weiss doesn't seem to be fazed by the plea bargain. The firm released a statement saying Bershad's deal "was not unexpected" and adding that "his actions will have no effect on the firm's commitment to its clients and its ongoing work to protect public shareholders and consumers." 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use