Founded in 1965 by attorneys Larry Milberg and Melvyn I. Weiss, Milberg LLP (formerly known Milberg Weiss LLP and Milberg Weiss Bershad & Schulman LLP) is a U.S. plaintiffs' law firm. Based in New York City, it is widely known for representing investors in securities class actions. Before its split in May 2004 with the firm now known as Coughlin Stoia Geller Rudman & Robbins LLP, it was the largest plaintiff law firm in the United States, with over 200 attorneys and a leader in its field, responsible, at least in part, for over 50 percent of all securities class action cases settled in 2002.
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Ohio Attorney General Fires Milberg Weiss - Law Blog - WSJ
Law Blog Video Special: A Somber, Tanned Mel Weiss Speaks ... Milberg Weiss regrets the decision by the ... LexBlog Blog wrote: Milberg Weiss needs a blog now! ...blogs.wsj.com/law/2006/05/19/ohio-attorney-general-fires-mil...Federal Judge, Citing Indictment, Disses Milberg Weiss - Law Blog - WSJ
Federal Judge, Citing Indictment, Disses Milberg Weiss. Article. Comments (45) Law Blog HOME PAGE " ... on our interminable Milberg Weiss Watch, we've tracked ...blogs.wsj.com/law/2007/03/16/federal-judge-citing-indictment...Professor William S. Milberg
William Milberg is Associate Professor of Economics at the New School for Social ... Publications. Curriculum Vitae. Courses. Blog at WordPress.com. Entries ...milbergw.wordpress.com/Ideoblog: Milberg: still standing a year later
The WSJ Law Blog, linked by PoL, writing on the one-year anniversary of the Milberg indictment: Some lawyers predicted that the indictment would be a swift death ...busmovie.typepad.com/ideoblog/2007/05/milberg_still_s.htmlHD-Trailers.net Blog " Axel Milberg
Blog. Subscribe. Tag-Archive for " Axel Milberg " The International (Theatrical Trailer No. 2) ... © 2009 - HD-Trailers.net Blog is proudly powered by WordPress ...www.hd-trailers.net/blog/tag/axel-milberg/Founded in 1965 by attorneys Larry Milberg and Melvyn I. Weiss, Milberg LLP (formerly known Milberg Weiss LLP and Milberg Weiss Bershad & Schulman LLP) is a U.S. plaintiffs' law firm. Based in New York City, it is widely known for representing investors in securities class actions. Before its split in May 2004 with the firm now known as Coughlin Stoia Geller Rudman & Robbins LLP, it was the largest plaintiff law firm in the United States, with over 200 attorneys and a leader in its field, responsible, at least in part, for over 50 percent of all securities class action cases settled in 2002.
On May 18, 2006, the firm and two of its named partners, David J. Bershad and Steven G. Schulman (Schulman resigned in December 2006), were indicted by United States Attorney Debra Wong Yang of the United States District Court for the Central District of California on various counts, including racketeering, mail fraud, and bribery. The charges include claims that Milberg Weiss paid portions of its legal fees to plaintiffs in order to induce them to sue. By January 2007, more than half of the firm's partners had left the firm. As of June 2008, the firm's website lists only 53 full-time attorneys (29 partners and 24 associates).
Four longtime Milberg Weiss partners have pled guilty to federal charges, including Steven Schulman, David Bershad, William Lerach, and Melvyn Weiss. On March 20, 2008, Melvyn Weiss announced through his attorney that he would plead guilty in exchange for an 18 to 33 month prison sentence and fines and restitution of $10 million. On Monday February 11, 2008, Lerach was sentenced to two years in federal prison, two years' probation, fined $250,000 and ordered to complete 1,000 hours of community service. Bershad will pay $250,000 in fines and forfeit $7.75 million. Bershad was sentenced to six months of incarceration in October 2008. On June 16, 2008, U.S. prosecutors in Los Angeles agreed to dismiss the indictment against the firm, under a non-prosecution agreement that requires Milberg to pay $75 million to settle the charges.
Mel Weiss was sentenced to 30 months of incarceration on Monday June 2 2008, and is currently incarcerated at the federal minimum security institution known as FCI Morgantown in West Virginia, with a projected release date of November 1, 2010.
See also
- Daniel Fischel
- Lexecon Inc. v. Milberg Weiss Bershad Hynes & Lerach
- Mauldin v. Wal-Mart Stores, Inc.
