The great tobacco settlement of the 1990s certainly is the scandal that keeps on giving, isn’t it? “On Tuesday, federal prosecutors…. charged that [influential former Chicago alderman Edward] Vrdolyak worked out a secret deal with other attorneys to collect as much as $65 million even though he’d done no work on the tobacco case [for the state of Illinois]. The indictment did not make clear just how much the former alderman actually pocketed. … The [Seattle-based Hagens Berman] firm has denied any attempt to conceal payments.” [Chicago Tribune]
By the time my book The Rule of Lawyers came out in its 2004 softcover edition, enough was known about the multistate tobacco settlement for me to call it a “gigantic heist.” More stories have emerged since then. How many more still haven’t come to light?