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July 26, 2006 |

N.Y. judge appoints Milberg co-lead counsel in backdating suit

A New York judge has given a boost to Milberg Weiss Bershad & Schulman by appointing the embattled law firm co-lead counsel in a consolidated suit over stock option backdating.
4 minute read
August 18, 2003 |

Splitting Up Lerach and Weiss

A look at the causes behind the breakup of Milberg Weiss Bershad Hynes & Lerach.
14 minute read
March 26, 2004 |

Milberg Weiss Takes Issue With Walker's Order

On Feb. 10, 2004, Judge Vaughn R. Walker issued an order in a pending securities action that called into question the legal strategy of our firm, Milberg Weiss, but did so in an unusually personalized manner. A Recorder article by Brenda Sandburg published on Feb. 19, 2004, described the order, but did not fully appreciate its implications. Editor's note: Judge Walker copied The Recorder on his reply to Coughlin and Svetcov, which is reprinted here.
7 minute read
January 28, 2008 |

Milberg Weiss denies obstruction

Milberg Weiss filed five motions last week to dismiss the federal government's kickback charges. In one motion, Milberg Weiss denies that the firm deliberately withheld a fax that was subpoenaed in 2002 as part of the government's investigation.
2 minute read
February 25, 2002 |

Milberg Weiss Faces Questions on Second Front

Already the subject of a grand jury investigation in Los Angeles, Milberg Weiss Bershad Hynes & Lerach is also facing scrutiny over its relationship with a high-ranking politician in Philadelphia. State and federal authorities are questioning whether the Philadelphia city controller received consulting fees from two firms -- one of which is New York's Milberg Weiss -- in exchange for helping the firms win city contracts.
3 minute read
April 05, 2004 |

Milberg Attempts to Calm Patel's Ire

Harshly criticized by Northern District Chief Judge Marilyn Hall Patel for its conduct in a stock drop suit, Milberg Weiss fired back recently and told Patel she had been misled by the defendants. Patel had ripped Milberg, suggesting the firm was an inappropriate choice for lead counsel in a stock fraud suit filed against Terayon Communication Systems Inc. Among her concerns were that Milberg's client had a plan to drive down Terayon stock and that Milberg appears to have hidden its client's short selling.
5 minute read
June 18, 2008 |

Milberg settles in kickback scheme

Federal prosecutors Tuesday reached a settlement with class action law firm Milberg, four of whose former name partners have pleaded guilty in the past year to criminal charges relating to the payment of kickbacks to individual plaintiffs in shareholder cases. The deal calls for the New York-based firm to pay $75 million in fines in exchange for the dropping of criminal charges.
5 minute read
June 18, 2008 |

Milberg Agrees to Pay $75 Mil. Over Kickback Scheme

Federal prosecutors yesterday reached a settlement with class action law firm Milberg, four of whose former name partners have pleaded guilty in the past year to criminal charges relating to the payment of kickbacks to individual plaintiffs in shareholder cases.
6 minute read
June 05, 2006 |

Milberg Weiss Case Highlights Waiver Controversy

As the government's demands for waiver of privilege in white-collar prosecutions have sparked the ire of attorneys worried about the sanctity of client communications, the waiver issue in the case of securities class action giant Milberg Weiss Bershad & Schulman, two of whose partners have been indicted, presenting an especially prickly problem.
6 minute read
June 25, 1999 |

Taking Aim at Milberg Weiss

A New York plaintiffs' firm is attempting to knock the 1,000-pound gorilla known as Milberg Weiss Bershad Hynes & Lerach from atop an extremely lucrative Silicon Valley class action. On Wednesday, Bernstein Litowitz Berger & Grossmann made a motion to disqualify Milberg Weiss from its spot as co-lead plaintiffs counsel in a massive securities class action against 3Com Corp, alleging a conflict of interest which chilled settlement talks.
4 minute read

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