Lerach Pleads Guilty To Conspiracy In Kickbacks Case
Law360 (September 18, 2007, 12:00 AM EDT) -- As was widely expected, powerhouse plaintiff lawyer William Lerach has pleaded guilty to a single count of conspiring to obstruct justice, admitting to concealing information about the alleged kickback scheme perpetrated by Milberg Weiss Bershad & Schulman, his former firm.
The U.S. Department of Justice filed the criminal indictment and plea agreement on Tuesday morning in the U.S. District Court for the Central District of California. As part of the plea, Lerach agreed to pay a $250,000 fine, forfeit $7.75 million to the government and serve between one and two years in federal prison.
In pleading guilty, Lerach, a former name...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!