Lerach to Forbes: just go away

Cover story in Forbes examines fissiparous but still pre-eminent class-action firm Milberg Weiss Bershad Hynes & Lerach, with details about the investigations of the firm under way for the past two years before federal grand juries in Los Angeles and Philadelphia. Among topics explored in the article: the firm’s relationships with repeat plaintiffs, with unions […]

Cover story in Forbes examines fissiparous but still pre-eminent class-action firm Milberg Weiss Bershad Hynes & Lerach, with details about the investigations of the firm under way for the past two years before federal grand juries in Los Angeles and Philadelphia. Among topics explored in the article: the firm’s relationships with repeat plaintiffs, with unions and with short sellers. Name partner Melvyn Weiss gets the cover photo; meanwhile, his West Coast counterpart William Lerach, “after initially responding to some questions from FORBES, refused to be interviewed and instructed in a terse e-mail: ‘Please don’t call, write or stop by ever again.'” (Robert Lenzner and Emily Lambert, “Mr. Class Action”, Forbes, Feb. 16)

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