Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Tuesday, October 30, 2007

Lerach Will Be Sentenced in January

William S. Lerach pleaded guilty yesterday to conspiracy to obstruct justice for concealing illegal payments to a named plaintiff in a securities class action.  Sentencing will occur in January.  The plea agreement with Mr. Lerach does not include an agreement to cooperate with the government.  The law firm Milberg Weiss and Mr. Weiss remain defendants in the criminal case.  NYTimes, Leading Class-Action Lawyer Pleads Guilty to Conspiracy

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