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Securities plaintiff's lawyer William Lerach pleaded guilty on Monday to a federal conspiracy charge as part of a criminal investigation into whether he paid kickbacks to named plaintiffs. Lerach, a former partner at Milberg Weiss, agreed to forfeit $7.75 million to the government, pay a $250,000 fine and serve one to two years in prison.
October 30, 2007 at 12:00 AM
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