Weiss pleads guilty; Clinton silent
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WASHINGTON (Map, News) - Pioneering securities class-action lawyer Melvyn Weiss agreed yesterday to plead guilty to one count of conspiracy in the Justice Department’s prosecution of the New York firm that carried his name for many years.

Weiss thus became the fourth named partner in the firm to plead guilty in the past year to participating in an $11.7 million kickback scheme government prosecutors said began in 1979 and resulted in more than $200 million in tainted legal fees in an estimated 150 cases filed by the firm.

“This kickback scheme lasted for more than 25 years and had a severely detrimental effect on the administration of justice across the nation,” said U.S. Attorney Thomas P. O’Brien.

Weiss and former partners William Lerach, David Bershad and Steven Schulman were generous contributors to Democratic candidates and causes, continuing even after 2002 when the government’s investigation of their firm became public. They made millions of dollars in contributions to federal office-holders, party organizations and political action committees like Emily’s List.

Yesterday, The Examiner again asked Democratic presidential candidates Hillary Clinton and Barack Obama what they plan to do with contributions they received from the firm’s disgraced partners. Neither candidate’s spokesmen responded to the newspaper’s inquiry.

Clinton received $21,970 in such contributions, making her the top congressional recipient of Milberg Weiss donations. Obama received $5,300. Of those amounts, Weiss and his spouse gave $17,574 to Clinton and $1,000 to Obama.

The Examiner previously contacted both campaigns on repeated occasions in recent weeks.

To date, neither candidate has reported to the Federal Election Commission that they have done anything other than keep the money. Presumptive Republican presidential nominee John McCain has received no Milberg Weiss contributions, according to FEC data.

The firm, which remains under indictment and faces trial later this year, changed its name to Milberg LLP yesterday. Milberg LLP continues to be a major player in the class-action world, securing 22 settlements in 2007 totaling $1.6 billion, the most of any firm.

qhillyer@dcexaminer.com


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6:10 AM MST on Thu., Mar. 20, 2008 re: "Democratic rivals mum on firm’s dirty cash"

Joe said:
Hillary Clinton is only honest when she gets caught, and then, not always.

11 agree | 3 disagree
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8:16 PM MST on Fri., Mar. 7, 2008 re: "Just the threat of a lawsuit can be worth millions"

Examiner Reader said:
My attorney did not to help my case against a city in RI, no investigation, no interviews, no discovery.How do I sue him for not doing the job I hired him to do? Swansong

8 agree | 9 disagree
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1:08 PM MST on Wed., Oct. 3, 2007 re: "How important are judges?"

Steve White said:
I'm glad to read this series, but I also think there should be a lot more attention paid, not to how big companies get screwed over by the legal system, but how normal people without big money get abused in civil lawsuits, divorce cases, child custody, etc. The Constitution says you have a right to represent yourself in court, maybe the courts should facilitate that, rather than trying to make it hard.

172 agree | 166 disagree
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2:18 PM MST on Mon., Oct. 1, 2007 re: "How important are judges?"

Examiner Reader said:
Why is the Judicial Hellholes report making such a big deal about a quote that is from a book that was 8 years old at the time of the report? Why are you making such a big deal about that quote, and why do you seem to be blindly relying on a report that so blatantly misuses and misunderstands the quote?

167 agree | 179 disagree
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2:16 PM MST on Mon., Oct. 1, 2007 re: "How important are judges?"

Examiner Reader said:
So this Judicial Hellholes report seems to be where you got the Judge Neely quote, and they do the same thing with it. They ignore the fact that Neely's book supports at least some of their points, and twist the quote to support their cause. This tells me that maybe the Judicial Hellholes report that you seem to have fallen in love with is probably not very accurate or reliable.

192 agree | 157 disagree
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2:01 PM MST on Mon., Oct. 1, 2007 re: "How important are judges?"

Examiner Reader said:
Your quote from Judge Neely is ridiculous. It is totally out of context. It was taken from a 1998 book in which he argues that product liability law has gotten out of hand and that state courts are helping home state plaintiffs at the expense of out state companies. His book is, at least partially and most likely more honestly, arguing your point. But you feel compelled to quote him out of context, to argue a point that is the opposite of his book's conclusion. He actually calls for the US Supreme Court to step in and review state court decisions to make sure they are fair to out of state companies. I sure hope this was an honest mistake by you, Ms. Chumley.

160 agree | 154 disagree
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11:18 AM MST on Mon., Oct. 1, 2007 re: "How important are judges?"

not me said:
this article is so insanely one-sided. for example, what of all the money that defense firms give to judges who they think will help them?

176 agree | 179 disagree
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11:03 AM MST on Fri., Sep. 21, 2007 re: "Donations from lawyers sometimes spell trouble"

Examiner Reader said:
Say it isn't so. Trial lawyers convicted of crimes contributing to Democrat candidates and Democrat causes. Here I though that the Democrat controlled Congress (the opposite of Progress) was going to fix all of that!!!! No wonder Congress has half the approval ratings of the President.

191 agree | 203 disagree
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1:08 PM MST on Sat., Sep. 15, 2007 re: "High-dollar settlements mark class action cases"

Examiner Reader said:
It is difficult to determine how reasonable these fees are without knowing more about the amount of work required to achieve these settements and the amount of risk taken by these lawyers. In general, the amounts seem high, but aren't these fees the result of contracts negotiated between the lawyers and their clients? If the governrment starts putting caps on these fees, will it then try to cap the salaries and binuses paid to corporate CEOs?

184 agree | 223 disagree
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4:17 AM MST on Fri., Sep. 14, 2007 re: "High-dollar settlements mark class action cases"

Examiner Reader said:
Nice series of stories. OK, I can see that these lawyers and law firms are making obscene amounts of money off of suits and settlements. But what about the problem of lead paint, even if it was painted decades ago? If it's hurting people, shouldn't it be cleaned up? So how can we protect citizens and prevent abuse at the same time?

244 agree | 222 disagree
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