Government Going After Lawyers and Referral Fees

The government will indict two very rich plaintiff's class action lawyers, within the next month, according to a press release issued by their law firm, Milberg Weiss Bershad & Schulman and reported by Boomberg.com.

The indictment will allege that these leading securities fraud class action lawyers participated in a scheme that not only paid referal fees to other lawyers (which is OK, so long as client consents) but directed some of the fees to the clients.

This will be a very interesting case to watch as this law form reportedly has settled over $30 billion, yes billion  in cases.

 

Ben Glass
Ben Glass is a nationally recognized Virginia injury, medical malpractice, and long-term disability attorney
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