Lawyer - News

As Melvyn I. Weiss awaits sentencing for his role in the payment of kickbacks to named plaintiffs in shareholder suits, a conservative think tank is set to release a study purporting to show that the scheme injured shareholders. The American Enterprise Institute Legal Center is releasing today an article by a law professor that takes on the argument that the kickbacks constituted a victimless crime because the payments came out of legal fees and named plaintiffs had incentive to maximize class recoveries.

This entry was posted on Wednesday, May 28th, 2008 at 12:09 pm and is filed under Lawyer - News.