Posted on 07/10/2007 3:30:45 AM PDT by Liz
A former partner of a major New York law firm pleaded guilty to conspiracy in connection with kickbacks the firm is accused of paying to plaintiffs in class action and shareholder lawsuits. David J. Bershad, 67,........pleaded guilty to one count of conspiracy.......obstruction of justice and making false statements under oath. Prosecutors believe the firm, now known as Milberg Weiss, received more than $200 million in fees from such lawsuits filed over the past 20 years.........
........one of his attorneys said "His efforts to right these wrongs, together with his many good works throughout his career, should be remembered along with the offense he admitted today"......Bershad also agreed to forfeit $7.75 million, to pay a $250,000 fine and to cooperate in the government's ongoing investigation. Prosecutors accuse the defendants of secretly paying more than $11 million in kickbacks to get people to take part in more than 150 class action and shareholder lawsuits.
(Excerpt) Read more at nj.com ...
I think the guy's "good works" include allowing US taxpayers to cough up $2 trillion to "bring democracy" to the ready-and-waiting Mideast.
It’s OK.
He bought Conspiracy Offsets.
Oh, good———that’s a relief.
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