We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Lerach To Plead Guilty, Could Face Jailtime: Report

Law360 (September 17, 2007, 12:00 AM EDT) -- Securities lawyer William Lerach is expected to plead guilty to one count of conspiracy in a deal that could put him in jail and release Coughlin Stoia Geller Rudman & Robbins LLP from the risk of criminal charges, the Wall Street Journal reported late Monday.

Under the plea agreement, which could be announced as early as Tuesday, Lerach would get a prison term of one to two years, the newspaper reported.

Under the binding agreement, neither Lerach nor prosecutors could back out of the deal, accoding...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.