Securities Law Prof Blog

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

Monday, July 9, 2007

Bershad, Formerly with Milberg Weiss, Pleads Guilty

David Bershad, formerly a name partner at Milberg Weiss & Bershad, agreed to plead guilty to conspiring to keep secret from judges payments to class-action name plaintiffs and to cooperate with federal prosecutors in their investigation of the firm for paying illegal kickbacks.  Because of Mr. Bershad's knowledge of the finances at the law firm, this is expected to be a "big break" in the case.  See WSJ, Bershad of Milberg Weiss Agrees to Plead Guilty.

https://lawprofessors.typepad.com/securities/2007/07/bershad-formerl.html

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