William Lerach and Melvyn Weiss, two former kings of the securities class action bar, went down in a federal racketeering probe. Lerach cut a deal before indictment, while Weiss pleaded guilty after litigating for a spell. So a judge sentenced Weiss to six months more in prison. But now, thanks to participation in a treatment program, Weiss is scheduled for release a month sooner than Lerach. Both prisoners eased into halfway houses six months before their release dates, per a change in federal law.
October 30, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Usually, the longer a guilty defendant fights his case, the longer his time behind bars. Or so William Lerach may have thought.
Lerach and Melvyn Weiss, two former kings of the securities class action bar, went down in a federal racketeering probe. Lerach cut a deal before indictment, while Weiss pleaded guilty after litigating for a spell. So Central District Judge John Walter sentenced Weiss to six months more in prison.
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