Today the snoozing New York Times rouses itself and actually reports a bit of fresh news possibly relevant to the Milberg scandal: "A lead plaintiff in a proposed tax shelter settlement that was brokered by the class-action securities law firm of Milberg Weiss Bershad & Schulman indicated that he was offered a financial incentive to serve as plaintiff, according to documents filed yesterday in federal court in Newark." The exact significance of the disclosure, however, is far from clear at the moment; the plaintiff in question, Claude Gerald Harris, "said that 'while these statements are largely true, they are taken out of context,'" and a Milberg spokesman claims the KPMG affair is wholly irrelevant to the charges in last week's federal indictment of the law firm.
KPMG lead plaintiff: I was offered inducements
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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 |



