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Article: INFORMATION ISSUED BY U.S. ATTORNEY'S OFFICE FOR THE CENTRAL DISTRICT OF CALIFORNIA SEPT. 20: CO-FOUNDER OF MILBERG WEISS LAW FIRM INDICTED IN SECRET KICKBACK SCHEME INVOLVING NAMED PLAINTIFFS IN CLASS-ACTION LAWSUITS

Article from:
US Fed News Service, Including US State News
Article date:
September 20, 2007
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The U.S. Department of Justice's U.S. Attorney's office for the Central District of California issued the following press release:

Melvyn I. Weiss, a co-founder of the New York-based Milberg Weiss law firm, was indicted today by a federal grand jury for allegedly participating in a scheme in which the firm paid millions of dollars in secret kickbacks to several individuals in exchange for them serving as named plaintiffs in more than 225 class-action and shareholder derivative-action lawsuits that were filed across the United States.

The second superseding indictment returned today adds Weiss as a defendant and expands the scope of the alleged criminal conduct. The new indictment now ...

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