William Lerach, former partner at the firm now known as Milberg Weiss, pleaded guilty to conspiracy on Monday, becoming the third lawyer at the firm to admit breaking the law in a class action kickback scheme that prosecutors said helped net the firm hundreds of millions of dollars. Lerach, whose high-profile victories include a $7 billion judgment against now-defunct Enron Corp., agreed to forfeit $7.75 million to the government, pay a $250,000 fine and accept a sentence of one to two years in prison.
October 30, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A former partner at a prestigious New York law firm pleaded guilty to conspiracy on Monday, becoming the third lawyer to admit breaking the law in a class action kickback scheme that prosecutors said helped net the firm hundreds of millions of dollars.
William Lerach, 61, whose high-profile legal victories include a $7 billion judgment against now-defunct energy giant Enron Corp., entered his plea to one count of conspiracy to obstruct justice and make false statements.
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