Money-Laundering Charge To Stand In Milberg Case

Law360, New York (March 31, 2008, 12:00 AM EDT) -- The California federal judge overseeing the case against the class-action powerhouse formerly known as Milberg Weiss LLP has rejected the firm’s motion to toss a charge of a money-laundering conspiracy from the case.

U.S. District Judge John F. Walter of the Central District of California denied Milberg LLP’s motion to dismiss the count at a hearing on Monday.

Milberg LLP is accused of paying plaintiffs to participate in class actions and lying to courts to conceal the arrangement. Prosecutors said the firm raked in about $250...
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