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Securities

Mar. 28, 2009

Onetime Target Of Milberg Firm Files Suit

If it is true that you reap what you sow, the Milberg firm is in for a particularly bitter harvest.

By Gabe Friedman
Daily Journal Staff Writer

If it is true that you reap what you sow, the Milberg firm is in for a particularly bitter harvest.

After four Milberg partners went to prison for a kickback scam involving plaintiffs in its shareholder litigation - and the firm itself paid a $75 million fine to settle similar criminal charges - the people and companies that fell victim to their schemes are coming back to get theirs. Former partners and...

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