Two former Milberg partners sentenced to 6 months for kickback scheme

, The National Law Journal

A federal judge has sentenced David Bershad, a former senior partner at Milberg, and Steven Schulman, another former Milberg partner, each to six months in prison. The two are the last of the four former partners at Milberg, previously called Milberg Weiss, who were charged in the government's kickback case, which alleged the firm and seven of its partners obtained $251 million in attorney fees by making secret and illegal payments to lead plaintiffs in shareholder and class action securities cases.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Continue to Lexis Advance®

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com