Friday, May 19, 2006

Milberg Weiss and Two Partners Indicted for Class Action Kickback Scheme

The New York Times is reporting today on the indictment of the law firm of Milberg Weiss Bershad & Schulman and two of its partners for making more than $11 million in secret payments to three individuals who served as plaintiffs in more than 150 lawsuits. "In the 20-count indictment by a federal grand jury in Los Angeles yesterday, Milberg Weiss and two of its prominent partners, David J. Bershad and Steven G. Schulman, are accused of racketeering conspiracy, mail fraud, money laundering conspiracy and obstruction of justice."

The full story on the indictment can be found by clicking here.


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