The Recorder in California reports that famed plaintiffs' attorney Bill Lerach will plead guilty and be sentenced to 1-2 years (a high-low agreement has been reached between prosecutors and defense attorneys) for arranging illegal kickbacks in his class action stock-move-related lawsuits. Lerach will also pay $8 million in fines. Hopefully other tort lawyers will help him relinquish the rest of his ill-gotten gains.
Lerach to bite the dust
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| Isaac Gorodetski Project Manager, Center for Legal Policy at the Manhattan Institute igorodetski@manhattan-institute.org |
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| Laura Eyi Press Officer, Manhattan Institute leyi@manhattan-institute.org |



