Milberg Clients Denied Class Cert. In Malpractice Suit

Law360, New York (September 19, 2012, 1:14 PM EDT) -- A group of investors accusing Milberg LLP of legal malpractice for missing a key deadline in their securities suit against an American International Group Inc. subsidiary lost their bid for class certification Tuesday, after a judge said they failed to address a key choice of law question before the certification deadline.

U.S. District Judge Frank Zapata said the investor-clients failed to address why their state-based malpractice claims against Milberg and three other firms were only applicable to Arizona law when the proposed class was dispersed throughout...
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