April 07, 2006

In the increasingly sordid saga of Milberg Weiss, which we have covered extensively, a new twist. While no indictments emerged for William Lerach and Melvyn Weiss, the original targets of the DoJ's investigation, two other partners at the firm have been under serious scrutiny. According to the Recorder's Justin Scheck, lawyers familiar with the investigation said Wednesday it's now likely that name partners David Bershad and Steven Schulman, and possibly the firm itself, will be indicted for payments to a former client and lead plaintiff in several class actions, real-estate broker Howard Vogel.