Is there a smirk today in an executive office or boardroom near you?
The Wall Street Journal reports $ this morning that:
Federal prosecutors are investigating one of the nation’s most aggressive class-action law firms, Milberg Weiss Bershad & Schulman, for alleged fraud, conspiracy and kickbacks in scores of securities lawsuits, and could seek criminal charges against the firm itself and its principals.
More from Reuters.
Nothing here yet on “Milberg Weiss in the press” from the firm website; law.com reports that the firm is “saddened” by the charges. Further coverage from Overlawyered and Tom Kirkendall.