U.S. Readies Case Against Tort Lawyers
By JOSH GERSTEIN - Staff Reporter of the Sun
February 24, 2006
Federal prosecutors have told two partners at a leading New York class-action law firm to prepare to be indicted on charges stemming from an investigation into alleged illegal payments to plaintiffs in securities lawsuits, a lawyer involved in the case said yesterday.
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Mr. Hayes said he believes that one factor fueling the investigation may be the business community's deep-seated enmity toward Milberg Weiss, which is one of the best-known and most feared class-action firms in America.
"What makes me uncomfortable is the fact that all of the big corporations hate these guys. Sometimes their lawsuits are meritless but a lot of the time, they're not," Mr. Hayes said. "It appears they're stretching to make a case where the politicians who appoint these U.S. attorneys want to lock these guys up. The case is a stretch."
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An indictment of the Milberg Weiss firm could jeopardize its viability, regardless of whether the government ultimately wins a plea or conviction. "They do so much work that requires them to be appointed as lead counsel acting in the public interest by a court. It would be a mess," a lawyer for Mr. Selzer, David Weichert, said.
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http://www.nysun.com/article/28103?page_no=1 Milberg Weiss in the news:Milberg Weiss Announces Conditional US$2.4 Billion Settlement of Nortel Securities Class Action; Client OPTrust Issues Press Release
Milberg Weiss Partner David J. Bershad Comments on Nortel Settlement
Milberg Weiss Announces Legal Fellowship at the Drum Major Institute for Public Policy
Milberg Weiss Obtains Preliminary Approval for $225 Million Settlement of KPMG Tax Shelter Case
Milberg Weiss named to The National Law Journal's "Plaintiffs' Hot List"
Humana Inc. Settles Lawsuit with Physicians
Court Certifies Class of Annuity Purchasers in Securities Fraud Action Against Pacific Life
Milberg Weiss Announce Aid To Those Impacted By Hurricane Katrina
Milberg Weiss, Counsel for Whistleblower Dr. Kiki Sarafoglou, Announces Settlement of Claim Brought Pursuant to the Federal False Claims Act Initiated by Dr. Sarafoglou for $4.3 Million
Milberg Weiss Obtains $90 Million Settlement in Royal Dutch Shell ERISA Litigation; One of the Largest Settlements in ERISA History, Amount Reflects an Impressive 78% Recovery
Wellpoint Settles Lawsuits with Physicians and Medical Societies
Los Angeles Daily Journal Presents Top 30 Securities Litigators in California Featuring Jeff Westerman, Managing Partner of Milberg Weiss's Los Angeles Office
Health Net Inc. and Prudential Insurance Company of America Settle Suits With Physicians
The Medical Society of the State of New York, Physicians and Excellus Enter Into Settlement Agreement
Raytheon Securities Litigation Settles for $460 Million; Milberg Weiss Is Lead Counsel for Lead Plaintiff New York State Retirement Fund.
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http://www.milbergweiss.com/newsevents/newsevents.aspxPro Bono work:04/14/04 Trial Lawyers Care
In conjunction with Trial Lawyers Care, Milberg Weiss assisted the families of victims of the September 11th attacks. Our lawyers helped families to file claims with the September 11th Victims Compensation Fund. To date, 2,924 death claims have been filed with the fund, and more than 4,300 claims for injuries relating to the attacks or the aftermath.
12/09/03 September 11 Victim Compensation Fund (Preliminary Hearing)
12/01/03 The Legal Aid Society
Since December 2003, Patricia M. Hynes has served as the Chair of the Board of Directors of the Legal Aid Society. Milberg Weiss associates were the top contributors to the Society's 2003 Associates Campaign, for law firms with 16-49 associates. In March 2005, Ms. Hynes and Milberg Weiss each received an award from the Society recognizing their outstanding pro bono efforts in accomplishing the restructuring.
Debt Deal Lets Legal Aid Society Stay in Business
Legal Aid Restructures, Avoids Bankruptcy; Projects Balanced Budget After Concessions From Unions, Creditors
11/01/00 Swiss Banks
Milberg Weiss filed this class action suit on behalf of victims of Nazi persecution against several Swiss banks for their collaboration with the Nazis including retaining accounts and laundering illegal assets. The case settled in 1998 for $1.25 billion and the money is now being distributed among several categories of survivors who suffered as a result of Swiss wrongdoings. Senior Partner Melvyn Weiss was designated as one of the signatories to the Settlement Fund.
07/01/00 Slave Labor
Milberg Weiss filed a series of class action suits against German companies who had exploited slave and forced labor during World War II. After very long and contentious negotiations between the parties, German, US and Israeli governments, as well as international Jewish organizations, a framework agreement of an approximately $5 billion settlement was reached. The settlement is now funding several programs including slave labor and medical experimentation compensation, insurance and assets claims, as well as educational programs.
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http://www.milbergweiss.com/firm/probono.aspx?pageid=5140&pubtype=5304 Discussion thread--
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x2478825