Milberg Weiss 'outraged' by kickbacks accusation

Westacott, Gemma
July 2005
Lawyer;7/4/2005, Vol. 19 Issue 26, p3
Trade Publication
The article reports that a New York City-based law firm Milberg Weiss Bershad & Schulman LLP has defended its position after the firm was implicated in a lawsuit against a retired Californian lawyer accused of receiving at least $2.4m in illegal kickbacks from the firm. Milberg Weiss, one the most aggressive plaintiffs' law firms in the U.S., is not a defendant in the indictment and is not named anywhere in the 70-page document, but the firm has confirmed that it is the "New York law firm" referred to in the document. The indictment alleges that the defendant, Seymour Lazar, and members of his family received illegal payments of part of the firm's legal fees for serving as plaintiffs in more than a dozen class action and shareholder derivative action lawsuits filed by Milberg Weiss over a period of 20 years.


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