On Wednesday, four top-level Milberg Weiss partners spent an hour in the U.S. Attorney's Office in Los Angeles trying to negotiate a deal. The session came amid rumors and media reports raising questions about the firm, its lead partner, Melvyn Weiss, and William Lerach, the former star partner whom prosecutors have been after for nearly eight years -- and who may be stepping away from the firm. There's speculation that a departure may be linked to a potential guilty plea from former partner David Bershad.
Milberg Partners Talk Pleas With Prosecutors
June 1, 2007