With some Milberg Weiss Bershad & Schulman partners heading for the exits following the indictment of the class action law firm and two of its partners, it is unclear who — or what — will be left for prosecutors to pick through if the firm is convicted.
At least 10 partners have fled Milberg Weiss since U.S. Attorney Debra Wong Yang in Los Angeles announced in May a federal grand jury indictment against the 125-attorney firm and senior partners David Bershad and Steven Schulman. In addition, some of the firm’s top clients, including the New York State Common Retirement Fund, have replaced Milberg Weiss since the indictment.
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