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When news broke in June about the intended split of Milberg Weiss Bershad Hynes & Lerach, attorneys familiar with the firm were buzzing about a pair of letters. On May 30 William Lerach had written warning missives to two law firms that were acting as co-lead counsel in the massive securities fraud case involving WorldCom, Inc., in the Southern District of New York. In his letters to the lead counsel firms, Lerach warned them that they could be held liable if they put his clients' cases in jeopardy.
August 04, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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