The Bottom Line
Pioneering corporate class-action lawyer William Lerach pleaded guilty in federal court.
Pioneering corporate class-action lawyer William Lerach pleaded guilty in federal court to obstruction of justice charges and agreed to pay an $8 million fine. Investigators charged that Lerach, 61, and his partners secretly paid clients to be plaintiffs in shareholder class actions the firm would file. The "king of the class actions" will spend a year or two in prison. (The Washington Post)
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QUOTE OF THE DAY‘What it actually means in the American context is you want to replace American workers with foreign workers and you want boys to play in girls’ sports.’
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Explore your latest briefing
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talking pointsAfter Pike disaster, is it time to rethink death penalty? -
QUOTE OF THE DAY‘What it actually means in the American context is you want to replace American workers with foreign workers and you want boys to play in girls’ sports.’
-
the explainerJustice Dept. launches largest-ever effort to strip citizenship
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