A federal indictment accusing a former client of taking $2.4 million in kickbacks from a "New York law firm," but levying no charges against the firm that allegedly paid the kickback is most significant for who is not named: William Lerach and his former firm, Milberg Weiss Bershad Hynes & Lerach. Former U.S. prosecutors say Milberg Weiss lawyers could be next. One former Assistant U.S. Attorney said prosecutors may be starting with lower-level defendants and working up to higher-profile cases.
Indictments Might Really Target Lerach
June 27, 2005