New Indictments Loom in Milberg Case

After six years of inquiries, stop-and-go grand jury activity and peripheral indictments, L.A. federal prosecutors are close to charging two partners from Milberg Weiss Bershad & Schulman -- and possibly the firm itself -- with paying illegal kickbacks. The prosecutors, having moved beyond the investigation's original targets, Melvyn Weiss and William Lerach, are looking at David Bershad and Steven Schulman over payments to a real estate broker and former lead plaintiff in several Milberg class actions.

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