Thank you for sharing!

Your article was successfully shared with the contacts you provided.
LOS ANGELES �� Securities plaintiff’s lawyer William S. Lerach, who has pleaded guilty to one count of federal conspiracy in the government’s Milberg Weiss investigation, is attempting to seal court documents related to his upcoming sentencing due to “personal and sensitive information,” according to court papers filed on Tuesday. Federal prosecutors have accused Milberg Weiss and seven of its partners, including Lerach, of obtaining $250 million in attorney fees by paying secret and illegal kickbacks to lead plaintiffs in more than 150 class action and shareholder lawsuits. Lerach, who left Milberg Weiss in 2004, has agreed to serve one to two years in prison, plus forfeit $1.75 million and pay a $250,000 fine. He is scheduled to be sentenced on Feb. 11. But in recent court filings, Lerach stated that his sentencing papers should be sealed, in part because they are “largely devoted to a discussion of his character, life, and work as reflected in the more than 150 letters of support submitted to the Court.” Prosecutors are claiming that the public should have access to most of the sentencing papers. While “there are some items of a deeply personal nature which should be placed under seal,” they argued that the “vast majority” of the information involves Lerach’s professional accomplishments, charitable giving, abilities as an attorney, particular cases he has handled, legal position on the sentence and the plea agreement negotiations. On Monday, prosecutors filed papers arguing that Lerach should serve 24 months in prison, not the 15 months recommended in a pre-sentencing report.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at [email protected]


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.