Five Years In Making, Milberg Indictment Targets Repeat Plaintiffs

Law360, New York (May 19, 2006, 12:00 AM EDT) -- Federal prosecutors spent more than five years assembling the indictment of plaintiffs firm Milberg Weiss Bershad & Schulman and two of its former partners, and it shows. The 105-page complaint includes pages of minute details outlining the kickback scheme allegedly carried out at the firm.

The indictment focuses on kickbacks allegedly paid to three repeat lead plaintiffs: Seymour Lazar, who is also named as a defendant in the indictment, Howard Vogel, who recently entered a plea bargain and has been cooperating with prosecutors, and Steven Cooperman,...
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