Monday, July 9, 2007

Bershad copping a plea?

Well, well, well...David Bershad appears to be cutting a plea deal in exchange for singing about what he knows went on at Milberg Weiss, the king of class-action firms that has been accused of making illegal kickbacks to clients in order to get the firm named as lead counsel in this extremely lucrative game.

I've never liked class action lawsuits, as they seem to benefit the lawyers and rarely the victims. But only a fool would not say that the Milberg guys were and are the best in the game.

So, just how are Mel Weiss and Bill Lerach feeling these days? And what about Partner A and Partner B?