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Resource ID: #22995
Subject: Law
Source: Fortune
Affiliation: 
Date: 11/13/2006

$0.00

Description

The law firm of Milberg Weiss had presented itself "as a champion of the little guy" in filing securities class-action lawsuits. But the firm "has been indicted for allegedly paying three plaintiffs $11.4 million in illegal kickbacks in about 180 cases spanning 25 years - and then repeatedly lying about it to the courts." Fortune tells the story of the investigation into this firm's indiscretions, with a discussion of how the money changed hands, and the reaction to the indictment.

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