Milberg, Attorneys Admonished in Wachovia Case

Law360, New York (July 24, 2007, 12:00 AM EDT) -- Plaintiffs firm Milberg Weiss LLP and three of its attorneys were sanctioned Friday for allegedly mischaracterizing the testimony of two plaintiffs witnesses and violating the Federal Rules of Civil Procedure on two other occasions.

Senior Judge Robert E. Payne of the U.S. District Court for the Eastern District of Virginia admonished the firm and the attorneys who represented plaintiffs who sued Wachovia Securities Inc. in a securities fraud class action initiated in 2002.

The sanctions came at the orders of the U.S. Court of Appeals for...
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