Former Securities Bar Titan Mel Weiss Dodges Probation

Law360, Los Angeles (May 3, 2013, 5:23 PM EDT) -- A California federal judge on Friday released former securities class action bar king Melvyn I. Weiss from probation on his convictions for funneling kickbacks to plaintiffs after prosecutors agreed that further punishing Weiss, on probation for a Florida DUI, would duplicate government resources.

At a hearing, U.S. District Judge John F. Walter said the acceptance of “full responsibility” by the co-founder of the Milberg Weiss law firm for his actions in the DUI case was “refreshing” and a “stark contrast to the lack of remorse that...
To view the full article, register now.