John B. Torkelsen, a former expert witness in hundreds of shareholder derivative and class action cases for Milberg Weiss, pleaded guilty on Thursday to perjury charges. Torkelsen, who is serving a prison sentence in West Virginia on an unrelated charge, could face up to five more years in federal prison. Under his plea agreement, which was reached earlier this year, Torkelsen admitted that he lied to a federal judge in San Jose, Calif., while testifying in a 1999 securities class action case.
Former Milberg Expert Witness Pleads Guilty to Perjury
The National Law Journal
May 2, 2008