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Criminal Charges Levied Against Big Tort Law Firm
The New York Sun ^ | May 19, 2006 | JOSH GERSTEIN - Staff Reporter of the Sun

Posted on 05/19/2006 9:08:39 AM PDT by Ernest_at_the_Beach

LOS ANGELES - The future of one of the country's leading class-action law firms, Milberg Weiss, is in grave doubt after a federal grand jury returned a criminal indictment yesterday accusing the firm of engaging in a secret, 25-year-long conspiracy to kick back attorneys fees to investors who served as named plaintiffs in more than 150 lawsuits brought against publicly-traded American companies.

(Excerpt) Read more at nysun.com ...


TOPICS: Crime/Corruption; Culture/Society; Government; News/Current Events
KEYWORDS: classactionlaw; tortlaw

1 posted on 05/19/2006 9:08:40 AM PDT by Ernest_at_the_Beach
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To: Ernest_at_the_Beach

What goes around, comes around.


2 posted on 05/19/2006 9:11:10 AM PDT by The Westerner
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To: Ernest_at_the_Beach

Most lawyers are simply your run of the mill career criminals, but dressed in $3000 silk suits.


3 posted on 05/19/2006 9:11:43 AM PDT by FormerACLUmember (No program, no ideas, no clue: The democrats!)
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To: Ernest_at_the_Beach

How can you indict a firm? People commit crimes, not "firms".........


4 posted on 05/19/2006 9:12:04 AM PDT by Red Badger (Liberals ignore criminal behavior, reward sloth and revere incompetence...........)
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It's hard to take sides when sharks are attacking each other.
5 posted on 05/19/2006 9:13:13 AM PDT by george wythe
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To: Ernest_at_the_Beach; Peach; Mo1

The justice system certain does need some bolstering to it's integrity. A good next step would be a peer or judicial review with punative powers who could examine rogue prosecutors who persecute for political gain.

Also, I find it hard to believe that this went unnoticed by the legal system for 25 years. I don't find it hard to believe most of them kept mum about it though.

ping


6 posted on 05/19/2006 9:13:51 AM PDT by prairiebreeze (God bless our fine military and their families.)
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To: Red Badger; All
Barbara Boxer could suffer some collateral damage.
7 posted on 05/19/2006 9:15:07 AM PDT by sono ("Why can't we deport them? Mexico did." J Leno)
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To: Ernest_at_the_Beach

I PRAY they get canned!


8 posted on 05/19/2006 9:15:09 AM PDT by Shery (in APO Land)
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To: Ernest_at_the_Beach

Doesn't surprise me - the ACLU's been running an extortion racket for years.


9 posted on 05/19/2006 9:15:55 AM PDT by talleyman (Kerry & the Surrender-Donkey Treasoncrats - trashing the troops for 40 years.)
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To: prairiebreeze
Also, I find it hard to believe that this went unnoticed by the legal system for 25 years.

Professional courtesy

10 posted on 05/19/2006 9:15:56 AM PDT by Rutles4Ever
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To: sono

She gonna have some splainin' to do..........


11 posted on 05/19/2006 9:17:22 AM PDT by Red Badger (Liberals ignore criminal behavior, reward sloth and revere incompetence...........)
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To: Ernest_at_the_Beach
It it's true, I hope some big-shot lawyers get their hides nailed to the wall.

The all too pervasive attitude among lawyers is that they can get away with anything.

12 posted on 05/19/2006 9:18:28 AM PDT by nightdriver
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To: The Westerner
CULTURE OF CORRUPTION Ping!.......
13 posted on 05/19/2006 9:19:00 AM PDT by Red Badger (Liberals ignore criminal behavior, reward sloth and revere incompetence...........)
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To: Rutles4Ever
...went unnoticed by the legal system for 25 years.

Justis is blind, but she's no fool........

14 posted on 05/19/2006 9:19:50 AM PDT by Red Badger (Liberals ignore criminal behavior, reward sloth and revere incompetence...........)
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To: Ernest_at_the_Beach
"Because of the secret kickback arrangement, Milberg Weiss had a stable of individuals ready and willing to serve as paid plaintiffs," she said. The prosecutor said the scheme gave the firm an unfair advantage over its competitors, at least until 1995, when a change in the law reduced the importance of being among the first to file a specific case."

I hate trial lawyers. So the problem isn't that these bottom suckers ruin peoples' lives or misinterpret, embellish and steal via the legal system...the problem is that the other bottom suckers couldn't get a chance to do the same.....cry me a freaking river.
15 posted on 05/19/2006 9:20:27 AM PDT by socialismisinsidious ( The socialist income tax system turns US citizens into beggars or quitters!)
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To: The Westerner
This is the way the legal system and lawyers in general are stealing all of Americas assets. Eventually lawyers will end up with most of the wealth in this country because they run and control the judicial in America from beginning to end and like any entity that polices itself there are not any controls over the system.
16 posted on 05/19/2006 9:34:59 AM PDT by gunnedah
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To: Ernest_at_the_Beach
The Hill
Friday May 19, 2006

Donations to Sen. Edwards questioned
By Sam Dealey

"Sen. John Edwards’ presidential campaign finance documents show a pattern of giving by low-level employees at law firms, a number of whom appear to have limited financial resources and no prior record of political donations."

"Records submitted to the Federal Election Commission (FEC) show these individuals have often given $2,000 to the North Carolina Democrat, the maximum permitted by law."

"In many instances, all the checks from a given firm arrived on the same day — from partners, attorneys, and other support staff."

"Stacy and Robert Kern of Los Angeles, for example, are among those who contributed to Edwards’ candidacy. Stacy Kern is listed as an administrator at the law firm of Howarth & Smith. The firm participated in the class-action suits against the tobacco industry."

hillnews.com/

17 posted on 05/19/2006 9:40:39 AM PDT by Daaave (Go Gators!)
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To: Red Badger

Not so sure ...

"It's a court of law, not a court of justice"
Oliver Wendell Holmes


18 posted on 05/19/2006 9:51:40 AM PDT by sono ("Why can't we deport them? Mexico did." J Leno)
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To: Ernest_at_the_Beach
Milberg Weiss and its attorneys have been among the most generous donors to the Democratic Party.

And the house of cards comes a'tumblin' down...

Politically motivated, my a$$. The US attorney is from one of the most liberal states in the country, and one of the most liberal cities on earth. The Milberg Weiss guys are just pissed that the tables have been turned on them... I wonder which democrat party hack will be the first to try and pull some strings to save them. This is just the opening chapter in a story which runs deep.
19 posted on 05/19/2006 9:53:00 AM PDT by snowrip (Liberal? YOU HAVE NO RATIONAL ARGUMENT. Actually, you lack even a legitimate excuse.)
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To: Daaave

Interesting.


20 posted on 05/19/2006 9:54:02 AM PDT by Dante3
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To: sono
Yes, and eventually it will, and is, morphing into a court of men and their feelings..........
21 posted on 05/19/2006 9:55:57 AM PDT by Red Badger (Liberals ignore criminal behavior, reward sloth and revere incompetence...........)
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To: FormerACLUmember

That may be your opinion,or your ACLU experience, but I have not found that to be a fact. The lawyers I know are hard working individuals, self employed and dedicated to their clients. Those I am related to would rather pay off their college loans than buy a $3,000 suit. You have been watching too much TV where lawyer shows concentrate on a fantasy life which makes for good entertainment but whose characters would be in an asylum or jail in real life.


22 posted on 05/19/2006 9:57:41 AM PDT by mountainfolk (God bless President George Bush)
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To: george wythe

Wasn't it Kissinger who said "Too bad both sides can't lose"?


23 posted on 05/19/2006 10:03:00 AM PDT by synbad600
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To: Daaave

AWESOME link to a great piece of news...

That story was dated 5/7/03... waht became of the investigation?


24 posted on 05/19/2006 10:05:22 AM PDT by snowrip (Liberal? YOU HAVE NO RATIONAL ARGUMENT. Actually, you lack even a legitimate excuse.)
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To: Ernest_at_the_Beach

Hope someone checks out political donations from folks in that firm. A quick run through shows Dems getting some pretty big bucks.


25 posted on 05/19/2006 10:10:55 AM PDT by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: Red Badger
"How can you indict a firm? "

You'll find that a lot of law firms are LLP's and thus why you always hear of them being a partner. You just don't hear of these guys being a corporation too often.

I'll bet that some other Freeper Lawyers could enlighten us on the advantages of being a LLP for covering their a**.

26 posted on 05/19/2006 10:22:07 AM PDT by Deaf Smith (**Tagline is need-to-know only.)
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To: Deaf Smith

LLP? Liar Liar Pants on fire?.......


27 posted on 05/19/2006 10:23:31 AM PDT by Red Badger (Liberals ignore criminal behavior, reward sloth and revere incompetence...........)
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To: Red Badger

That was a different movie.


28 posted on 05/19/2006 10:27:01 AM PDT by Deaf Smith (**Tagline is need-to-know only.)
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To: Deaf Smith

Lawyers is as lawyers does.........


29 posted on 05/19/2006 10:32:49 AM PDT by Red Badger (Liberals ignore criminal behavior, reward sloth and revere incompetence...........)
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To: Deaf Smith; Red Badger
You can indict a corporation or an LLP -- the corporate form makes no difference. There is considerable reluctance of prosecutors to do so, because inevitably a lot of innocent people will see their jobs and pensions disappear. Case in point -- Arthur Anderson, indicted over destruction of Enron audit files, convicted, but eventually cleared of charges by the Supreme Court. Anderson folded almost overnight following the indictment, and a lot of honest, talented people who had nothing at all to do with its work for Enron were unemployed.

In this case, the indictment follows refusal of Milberg Weiss to cooperate with the investigation by waiving attorney-client privilege and providing documents. The firm will say it is between a rock and a hard place -- it has to respect the privilege which is owned by its clients, not the firm. The prosecutor will say Milberg is hiding behind the privilege.

One thing you can bet on is that Milberg Weiss will be a hollow shell within a month. Its lawyers will jump ship to other firms, and it will fold up its operations.

30 posted on 05/19/2006 10:35:03 AM PDT by blau993
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To: Ernest_at_the_Beach

By the way, the headline writer for this thread has it wrong. Milberg Weiss represents plaintiffs, but not plaintiffs in tort (accident) cases. They represent plaintiffs in securities class actions. They have been hugely successful. i believe they represented the plaintiffs in more than half of the securities class actions settled nationwide last year.


31 posted on 05/19/2006 10:38:43 AM PDT by blau993
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To: Deaf Smith
I'll bet that some other Freeper Lawyers could enlighten us on the advantages of being a LLP for covering their a**.

A Limited Liability Partnership protects innocent partners from personal liability arising from acts of the firm, but permits the firm to be taxed as a partnership rather than a corporation. Some states' LLP statutes provide more protection than others, so the level of protection depends on the state in which the firm is registered as an LLP.

32 posted on 05/19/2006 10:52:45 AM PDT by Sarastro
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To: Daaave; Grampa Dave

Sounds like Edwards is the candidate for the trial lawyers...


33 posted on 05/19/2006 10:58:49 AM PDT by Ernest_at_the_Beach (History is soon Forgotten,)
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To: Ernest_at_the_Beach
"This plays into the hands of political demagogues who like to rail against trial lawyers as if they were responsible for all the miseries of society."

Projection, pure and simple.

34 posted on 05/19/2006 11:09:46 AM PDT by E. Pluribus Unum (Islam Factoid:After forcing young girls to watch his men execute their fathers, Muhammad raped them.)
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To: Ernest_at_the_Beach

Trial Lawyers of the DNC er America love their rat pack fellow lawyers, and they support these anti America liberals.


35 posted on 05/19/2006 11:24:37 AM PDT by Grampa Dave (There's a dwindling market for Marxist homosexual lunatic wet dreams posing as journalism)
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To: blau993

"One thing you can bet on is that Milberg Weiss will be a hollow shell within a month. Its lawyers will jump ship to other firms, and it will fold up its operations."


Amazing how this works.


36 posted on 05/19/2006 11:26:29 AM PDT by Grampa Dave (There's a dwindling market for Marxist homosexual lunatic wet dreams posing as journalism)
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