Feds Indict Milberg Weiss' Favorite Plaintiff
A Los Angeles federal grand jury has indicted a Palm Springs,Calif., man for taking millions in kickbacks to serve as aplaintiff in class action suits brought by Milberg Weiss, one ofthe biggest law firms specializing in litigation against companyboards including insurers and brokers.
Accused was Seymour Lazar, 78, a retired attorney who allegedlyaccepted an estimated $2.4 million in illegal payments for servingas a named plaintiff in more than 50 class action lawsuits over aperiod of 20 years.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
