Ex-Milberg Attys Hit With $20M Madoff Clawback Suit

Law360, New York (November 18, 2010, 6:54 PM EST) -- The bankruptcy trustee for Bernard Madoff’s investment company has filed suit against two disgraced former partners of the Milberg Weiss law firm, accusing them of reaping $20.4 million in false profits from Madoff's massive fraud.

The complaint, filed Wednesday in the U.S. Bankruptcy Court for the Southern District of New York, says former Milberg Weiss name partner Melvyn I. Weiss and ex-partner David J. Bershad received millions of dollars of "other people's money" and should pay it back so it can be redistributed among the victims....
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