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The boot's on the other foot; Milberg Weiss.(Milberg Weiss Bershad & Schulman L.L.P.)
- Article from:
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The Economist (US)
- Article date:
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May 27, 2006
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Copyright informationCOPYRIGHT 2006 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The legal scourge of American companies is itself accused
FOR years a lawsuit from Milberg Weiss Bershad & Schulman has been a common aftershock for American companies hit by financial earthquakes. After a sharp decline in a firm's share price, Milberg Weiss would threaten a class-action suit on behalf of shareholders allegedly cheated into buying overpriced equity. The company would typically settle, in effect compensating shareholders with their own money--a slice of which went to Milberg Weiss.
To Milberg Weiss and its sympathisers, this is civil justice; to the companies forced to pay, it is a shake-down. The defendants enjoyed a form of redress on May 18th when ...
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INFORMATION ISSUED BY U.S. ATTORNEY'S OFFICE FOR THE CENTRAL DISTRICT OF...
US Fed News Service, Including US State News;
May 22, 2006 ;
385 words
......he and certain law firms with which he was...received checks from Milberg Weiss totaling more than...that he and his law firms never made any...these payments from Milberg Weiss. Instead, as Purtich...Purtich caused the Milberg Weiss payments to be...his ...
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Reform in securities suits shakes law firm's security; Milberg Weiss adds...
Crain's New York Business;
February 12, 2001 ;
638 words
......noteworthy for another reason: Law firm Milberg Weiss Bershad Hynes & Lerach was not...bargaining table. For years, Manhattan-based Milberg Weiss has dominated the securities class...judgment against the firm, have eroded Milberg Weiss' lofty position and pushed the firm...
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Milberg Weiss Announces Class Action Against Engineering Animation, Inc.
PR Newswire;
December 2, 1999 ;
435 words
......please contact, at Milberg Weiss Bershad Hynes & Lerach LLP ( Milberg Weiss ), Steven G. Schulman...represented by the law firms of Milberg Weiss Bershad Hynes...Jeffrey S. Abraham. Milberg Weiss maintains offices...United States. Milberg ...
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INFORMATION ISSUED BY U.S. ATTORNEY'S OFFICE FOR THE CENTRAL DISTRICT OF...
US Fed News Service, Including US State News;
January 31, 2007 ;
677 words
......plead guilty to conspiring with the Milberg Weiss law firm and several of its senior...that he received secret payments from Milberg Weiss to serve as lead plaintiff in numerous...shareholder-derivative actions brought by Milberg Weiss across the United States from 1988...
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Milberg Weiss Settlements
The Washington Post;
May 25, 2006 ;
94 words
...Milberg Weiss is one of the nation's highest-profile plaintiff law firms and has won major settlements in class-action suits against corporations and banks. Holocaust Slave Labor and Victims asset litigation...Settled for $1.03 billion. Washington Public Power Supply System securities litigation: ...
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Milberg Weiss Announces Class Action Against Alcatel Alsthom.
PR Newswire;
September 23, 1998 ;
375 words
......The following is being issued today by Milberg Weiss Bershad Hynes & Lerach LLP: Notice...Plaintiffs are represented by the law firm of Milberg Weiss Bershad Hynes & Lerach LLP ( Milberg Weiss ), among others. Milberg Weiss has significant...
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Milberg Weiss Announces Expanded Class Action Against Lycos Inc.
PR Newswire;
March 17, 1999 ;
412 words
......March 17 /PRNewswire/ -- The law firm of Milberg Weiss Bershad Hynes & Lerach LLP released...to these matters, please contact, at Milberg Weiss Bershad Hynes & Lerach ( Milberg Weiss ), Steven G. Schulman or Samuel H. Rudman...
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Milberg Weiss Announces Class Action Against Conseco Inc.
PR Newswire;
April 11, 2000 ;
368 words
......matters, please contact, at Milberg Weiss Bershad Hynes & Lerach ( Milberg Weiss ), Steven G. Schulman or Samuel...and is represented by the law firms of Milberg Weiss and Cohn & Malad. Milberg Weiss maintains offices in New York...throughout the ...
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Milberg Weiss Announces Class Action Against Baan Company N.V.
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October 21, 1998 ;
407 words
...NEW YORK, Oct. 21 /PRNewswire/ -- Milberg Weiss Bershad Hynes & Lerach LLP issued the...respect to these matters, please contact Milberg Weiss Bershad Hynes & Lerach ( Milberg Weiss ), Steven G. Schulman or Samuel H. Rudman...
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Milberg Weiss Announces Class Action Against Gencor Industries, Inc.
PR Newswire;
February 16, 1999 ;
401 words
......matters, please contact Milberg Weiss Bershad Hynes & Lerach ( Milberg Weiss ), Steven G. Schulman or...and is represented by the law firms of Milberg Weiss Bershad Hynes & Lerach LLP ( Milberg Weiss ) and the Law Offices of Bruce G. Murphy. ...
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Milberg Weiss Announces Class Action Against Cell Pathways, Inc.
PR Newswire;
February 23, 1999 ;
387 words
......matters, please contact Milberg Weiss Bershad Hynes & Lerach ( Milberg Weiss ), Steven G. Schulman, Samuel...and is represented by the law firms of Milberg Weiss Bershad Hynes & Lerach LLP ( Milberg Weiss ), among others. Milberg ...
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