Prominent New York law firm Milberg Weiss Bershad & Schulman LLP was indicted last week, along with two if its partners, on criminal charges of paying illegal kickbacks to clients.
In a 20-count indictment by a federal grand jury in Los Angeles, federal prosecutors allege that Milberg Weiss and partners David Bershad and Steven Schulman paid at least $11.3 million over a 25-year period to clients. The indictment details a trio of paid plaintiffs who joined more than 150 class-action lawsuits and allegedly recruited friends and family members to serve in similar roles.
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