Steven G. Schulman, the disbarred lawyer who was once a partner at class action powerhouse Milberg, has reached a settlement in a $15 million suit he filed against the firm for falling behind on its scheduled payments to him.

In 2007, Schulman pleaded guilty to racketeering conspiracy. He was made to pay $2 million and served six months in prison after he was implicated in a scheme to pay named plaintiffs in class actions that also led to prison time for several of his partners.

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