Thursday, October 23, 2008
The Wall Street Journal Law Blog has a post today that provides an update on the prosecutions of David Bershad and Steven Schulman. Milberg also announced yesterday that Arthur Miller would be joining the firm as special council. Here's an excerpt:
On Monday, former name partners David Bershad and Steven Schulman, the remaining key defendants in the case, are due to be sentenced.
Bershad pleaded guilty last year to a felony and faces up to 33 months in prison. But citing his cooperation, prosecutors Monday recommended that he serve three months in prison, followed by three months of community confinement.
Bershad, who has asked to serve no prison time, wrote this mea culpa to the judge. “I alone am to blame for those who have turned away from me,” he said, noting that his 30-year marriage was at an end and that his four children had suffered “from having to confront the hypocrisy of a father who acted contrary to the values he taught them.”
And here's a link to Milberg's announcement about Arthur Miller. Milberg, LLP is currently involved in several mass torts, including litigtion over Avandia and Zelnorm.