Milberg Weiss Takes Another Blow

Law360, New York (January 1, 2007, 12:00 AM EST) -- In another setback for the beleaguered plaintiffs firm Milberg Weiss & Bershad LLP, a judge ruled that the company should not act as lead counsel in a class-action against Ford Motor Company's retirement plan.

Milberg Weiss was indicted in May for allegedly paying $11.3 million in kickbacks to plaintiffs from its cases.

Because of the pending case against the firm, scheduled to go to court in January 2008, U.S. Magistrate Court Judge Steven G. Pope said Milberg Weiss may not be able to properly litigate the...
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