Topic
Kickbacks
273 published works
Securities Law Prof Blog
Government and Milberg Firm Are Expected to Settle
The government and Milberg LLP are close to settling the government's prosecution of the firm for alleged kickbacks to plaintiffs in exchange for being named lead counsel in private class…
Mass Tort Litigation Blog
Mel Weiss Files Sentencing Memo
By joetort
Article in AmLaw Daily -- Defending Mel Weiss, by Ben Hallman. Here's an excerpt:Mother Teresa, move aside. Melvyn Weiss, a plaintiffs lawyer who made millions of dollars by suing corporate…
Securities Law Prof Blog
Eight individuals Indicted in Stock Lending Kickbacks Investigation
Federal prosecutors indicted eight more individuals in connection with a scheme involving illegal kickbacks paid by brokerage firms in connection with stock lending. Those indicted include former stock-lending supervisors at…
Securities Law Prof Blog
Senator Cornyn Introduces Bill to Address Kickback Arrangements in Private Securities Litigation
Senator John Cornyn (R-Tex.) recently introduced the Securities Litigation Attorney Accountability and Transparency Act in response to the recent scandals involving kickback arrangements by plaintiffs' counsel. According to the Senator's…
Securities Law Prof Blog
Weiss Agrees to Plea Bargain
Melvyn Weiss agreed to plead guilty to kickbacks in securities class actions. The terms of the deal were not announced. WSJ, Weiss Makes Plea Deal In Kickback Case.
Mass Tort Litigation Blog
Lerach Sentenced to Two Years Prison for Alleged Kickbacks to Class Representatives
By joetort
Article in the Wall Street Journal -- Closing Argument: Mr. Lerach Mulls Life Behind Bars, by Peter Lattman. Here's an excerpt:Yesterday in Los Angeles, U.S. District Judge John Walter sentenced…
White Collar Crime Prof Blog
Lerach Draws a Two-Year Prison Sentence
By Ellen Podgor
William Lerach became the first partner from law firm Milberg Weiss to be sentenced for his role in paying kickbacks to representative plaintiffs in class actions in which the firm…
Sentencing Law and Policy
What sentence will (and should) Bill Lerach get?
Main February 11, 2008What sentence will (and should) Bill Lerach get?As detailed in this Reuters story, class-action attorney Bill Lerach has lots of notable supporters as he faces sentencing on…
White Collar Crime Prof Blog
Is the Government Going Soft in the Lerach Sentencing
By Ellen Podgor
It isn't every day that federal prosecutors point to the collateral consequences of a white collar defendant's guilty plea as a reason to impose a lighter sentence, but that seems…
Legal Profession Blog
Good Works Save License
A New York attorney who had been convicted of a federal misdemeanor involving the prohibition against kickbacks and unearned fees was the subject of a bar discipline case. The Appellate…